News You might have missed: Week of April 20, 2017

on April 20, 2018
Reading Time: 4 minutes

ZTE’s Very Bad Week

The U.S. Commerce Department on Monday banned U.S. companies from providing components, software, and other technology to ZTEfor seven years as punishment for violating agreements reached with the US Department of Commerce after ZTE illegally sold phones and equipment to Iran and North Korea. After admitting to busting the sanctions in 2017 and being fined $US1.2 billion, ZTE agreed to take action against employees but failed to do so. The US ban could affect the company’s ability to build smartphones and other equipment because it relies on American processors and Google’s apps.

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