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

10 21, 2021 20:09 PM

Ericsson Rethinks China Market Strategy as Revenue Dives

The Swedish telecoms equipment maker reported a 74% plunge in third-quarter revenue, following a 63% slide in the second quarter

10 06, 2021 15:11 PM

In Challenge to Huawei, Apple Supplier Pegatron Teams Up With Microsoft on 5G

iPhone assembler joins growing number of companies looking to take on traditional tele-communications infrastructure players

09 30, 2021 15:03 PM

Shanghai Composite Index Rose 0.9% on Thursday

Shenzhen Component Index closed up 1.63%

09 30, 2021 09:40 AM

CX Daily: Severe Coal Supply-Demand Imbalance Challenges Winter Supply

Xi vows to strengthen efforts to develop the nation’s talent pool. Beijing seeks to become the host city of the International Sustainability Standards Board. Another banking regulator is probed for graft

09 29, 2021 19:13 PM

U.S. Fleshes Out ‘Rip and Replace’ Plan for Banned Huawei and ZTE Tech

A $1.9 billion program to remove the two companies’ equipment from rural telecoms networks is set to start next month

09 02, 2021 08:00 AM
07 02, 2021 15:19 PM

Malaysia Picks Ericsson Over Huawei to Build 5G Network

The $2.6 billion deal comes as the country aims to launch the wireless service this year, with plans to achieve 80% coverage by 2024

06 24, 2021 19:28 PM

Huawei Vows to Keep Fighting After Swedish Court Upholds 5G Ban

China telecom giant says no evidence has been presented to prove ‘back door’ security claims and it will seek further legal action

05 12, 2021 08:00 AM
05 07, 2021 09:12 AM

CX Daily: China’s Updated Labeling Rule Gives Food Makers More to Chew On

China suspends a regular economic dialogue with Australia. The country's most popular podcast platform files for a U.S. IPO

04 23, 2021 18:17 PM

China’s Busted Illegal Fundraising Cases Worth $60 Billion Since 2018

Regulators say they will pay close attention to potential illegal activities using the cover of blockchain and virtual currency to raise funds this year

04 23, 2021 07:43 AM

Sentence of Former ZTE Labor Union Chief Upheld

He Xuemei should serve her original 20-year prison term in a $323 million fraud case, high court in Guangdong province rules

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

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