Australia has banned China’s Huawei and ZTE from supplying next-generation wireless equipment to the nation’s telecommunications operators, the latest blow in an escalating global battle over network security.
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After suspending operations around the world following a ban by the US government, ZTE South Africa is back in business, the Chinese telecommunications equipment company said on Monday.
ZTE climbed as much as 15% after the US formally lifted a ban on its American technology purchases, allowing the Chinese telecommunications gear maker to resume business. The company’s shares marked
The Donald Trump administration said ZTE took another step toward ending a US ban on the company doing business with American suppliers, a key Chinese government demand amid an escalating trade
Huawei Technologies has said a proposed ban on selling its gear to some US mobile providers isn’t lawful, pushing back against assertions it poses a risk as the Trump administration increases pressure on China over
The US has moved to block China Mobile from entering its telecommunications market on national security grounds, launching another salvo in the fight between the world’s two biggest economies days
ZTE dived 24% after American lawmakers green-lit a bill to restore severe penalties on the Chinese telecommunications gear maker, potentially up-ending a deal struck with US President Donald Trump to allow it
Penalties meted out by the US on ZTE were meant to punish the company for breaking trade sanctions. They certainly hurt its shareholders. Stock in the Chinese telecommunications equipment maker plunged
The US senate plans to advance legislation to restore penalties on ZTE after President Donald Trump drew sharp criticism for easing restrictions to get the Chinese company back in business. The senate is voting late
ZTE has pledged to overhaul its flawed management and internal culture after striking a deal with the US to get back in business after a damaging two-month hiatus. In a memo to employees, chairman