Taiwan Requires Export Licenses for ZTE Suppliers

*Taiwan requires its companies to apply for special permission to export to ZTE

*Bureau of Foreign Trade says requests will typically be considered within three to five business days

(Beijing) — Taiwan has temporarily stopped all of its companies from exporting their components to Chinese mainland telecom equipment-maker ZTE Corp., following the U.S. announcement of a similar ban to punish the company for selling American-made products to Iran.