Home ZTE banned from buying US components for 7 years
 

Keywords :   


ZTE banned from buying US components for 7 years

2018-04-17 08:58:00| Telecompaper Headlines

(Telecompaper) ZTE has been banned from buying components or parts from the US for seven years, after the US Commerce Department said the company violated the terms of a settlement reached last year with the US government, the Wall Street Journal reported. ZTE was fined for shipping equipment to Iran and North Korea in times of sanction. It then paid a full bonus to the employees that engaged in these practices and gave false information, moves the US found to be against the settlement terms agreed upon. Separately, the UK has also warned UK telecom companies to not use ZTE equipment and services, on security grounds. Cybersecurity officials in the country are concerned that China could force ZTE to infiltrate or sabotage telecom equipment. 

Tags: years components buying banned

Category:Telecommunications

Latest from this category

All news

17.01IBM, Vodafone create JV to provide cloud, 5G and AI, ink deal worth USD 550 mln
17.01Amazon Web Services unveils AWS Backup service
17.01BT CTIO: UK telecoms industry entering a 'pivotal period'
17.01Orange boosts Caribbean connectivity with the launch of its Kanawa cable system
17.01Bangladesh hints at 5G rollout in 2020
17.01Telstra, Ericsson and Ciena launch rapid restoration services for subsea connectivity
17.01Vodafone and IBM sign $550m partnership to drive network innovation
17.01Telefonica looks to sell out of Central America for $600m
Telecommunications »
17.01Sears Says Lampert Wins Auction, Bid Valued at $5.2 Billion
17.01Services and the NEC Part 1 of 2
17.01Stumped by the Code? NEC Requirements of Luminaires Installed in Wet, Damp, or Corrosive Locations
17.01Construction Trends to Watch in 2019
17.01Textile Fiber Price Comparison (Monthly Report)
17.01China Yarn Prices: Domestic and Import Markets (Weekly Report)
17.01India Yarn Prices: Domestic and Export Markets (Weekly Report)
17.01Viscose Staple Fiber and Spun Yarn Prices (Weekly Report)
More »