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ZTE Sanctioned

China ZTE Sanctioned News - Caixin Global

Telecom equipment maker falls foul of Washington again, after failing to follow through on agreement to discipline employees who sold products to Iran in violation of U.S. sanctions.

ZTE Hit by 7-Year U.S. Ban on Tech Exports

Telecom equipment company is accused of making false statements in last year’s settlement for violating U.S. sanction laws

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03 29, 2021 20:41 PM

Huawei Buys Digital Payments License, Joining Rush to Challenge Alipay and WeChat

New payment license frees the giant telecommunications-gear maker to offer more flexible services to Chinese users than its older smartphone-based system

03 18, 2021 19:50 PM

Nokia Plans 10,000 Job Cuts to Fund Strategy to Catch Up on 5G

Telecoms giant aims to stem losses in market share to Huawei and Ericsson in wireless network rollout race

03 18, 2021 19:13 PM

U.S. Plans to Cut Off China Unicom Over National Security Concerns

Telecoms regulator begins process to revoke wireless carrier’s license to offer U.S.-based services

03 17, 2021 19:11 PM

Embattled ZTE’s Revenue Growth Hits Five-Year High

Telecom-gear maker has a bumper 2020, even as sales in some Western markets decline

03 16, 2021 09:11 AM

CX Daily: North China Bathed in Orange as Vast Sandstorm Descends

China eases visa rules for foreigners who get Chinese vaccines. Huawei and four other companies are designated as threats to U.S. national security

03 15, 2021 17:24 PM

Huawei, Hikvision Land on New Blacklist From U.S. Telecoms Regulator

Pair are among five companies named by the Federal Communications Commission after being ‘deemed a threat to national security’

02 08, 2021 14:11 PM

Clubhouse Craze Sends Shares of Chinese Imitator Skyrocketing

Stock of the similar Lizhi quadrupled last week, while Agora doubled on suggestions that it was a key supplier to the audio networking sensation

02 02, 2021 09:29 AM

CX Daily: Chinese Firms Take U.S. Government to Court to Undo Trump-Era Bans

Many Chinese will not go home for the Lunar New Year holiday due to rising Covid-19 cases. Ericsson is worried about China's retaliation

02 01, 2021 20:07 PM

Ericsson Sees China as Its Fastest Growing Market Despite Looming Threat of Retaliation

Huawei’s European rival sees China market growing twice as fast as its U.S. business this year

01 22, 2021 20:26 PM

Swedish Huawei Ban Violates WTO Rules, China Claims

Sweden pressed ahead with its 5G spectrum auction this week after a two-month delay as Chinese hardware-maker sought legal redress

12 31, 2020 09:20 AM

CX Daily: China and EU Reach Agreement on Investment Pact

China cuts red tape to beef up its interbank bond market. The country’s Sinopharm says its Covid-19 vaccine is 79% effective

12 30, 2020 06:19 AM

China’s Record 5G Blueprint for 2021 Electrifies Telecom Stocks

MIIT’s Xiao Yaqing discloses plan for additional 600,000 base stations in major cities, boosting shares of ZTE, Datang Telecom and other gear makers

12 17, 2020 20:38 PM

Sweden Can Go Ahead With 5G Auction That Bans Huawei Gear, Court Rules

Country’s telecom regulator won its appeal to overturn a lower court’s ruling that blocked order barring bidders from using the Chinese company’s gear

12 11, 2020 13:37 PM

U.S. Moves Against China Telecom and Huawei, Citing Security

Federal Communications Commission orders carriers to remove Huawei equipment, and commenced a proceeding asking whether to bar China Telecom from operating in the country

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