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Tencent chairman pledges to advance China chip industry after ZTE…

HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported. China’s No.2 tel... More »

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U.S. lawmakers push back on Trump talk of helping China’s ZTE

WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp (000063.SZ), calling the telecommunications firm a security threat and vowing not to abandon legislation clamping down on the ... More »

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Trump defends intervention to help China telecom company ZTE

WASHINGTON (Reuters) – President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers. Trump, known for his fie... More »

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Chip designer Mediatek gets Taiwan nod to export goods to ZTE

TAIPEI (Reuters) – Taiwanese chip designer Mediatek Inc has received an export permit from the government to sell components to ZTE Corp, a Chinese telecoms equipment maker subjected to restrictions in the United States. The U.S. government last month banned A... More »

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ZTE says asked U.S. Commerce Department to suspend business ban

BEIJING (Reuters) – China’s ZTE Corp (0763.HK) (000063.SZ) has submitted an application to the U.S. Commerce Department’s Bureau of Industry and Security (BIS) for the suspension of a business ban, it said in a filing to the Shenzhen stock exchange on Sunday. ... More »

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China fund managers slash ZTE valuation after U.S. sanction

SHANGHAI (Reuters) – Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival. The U.S. action last... More »

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U.S. bans American companies from selling to China’s ZTE

WASHINGTON (Reuters) – The U.S. Department of Commerce is banning American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years for violating the terms of a sanctions violation case, U.S. officials told Reuters. The Chi... More »

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China’s ZTE says is trusted partner after U.S. concern

FILE PHOTO: People stand at ZTE’s booth during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Paul Hanna/File Photo – RC1E5FFE31F0 BEIJING (Reuters) – Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U... More »

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ZTE warns of impact of U.S. sanction settlement penalties

The company name of ZTE is seen outside the ZTE R&D building in Shenzhen, China April 27, 2016. REUTERS/Bobby Yip/File Photo Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions aga... More »

China’s ZTE to name new management team on Tuesday: spokesman

HONG KONG Chinese telecom equipment and smartphone maker ZTE Corp will announce a new management team on Tuesday, a spokesman said. ZTE’s board of directors will meet to approve the new team, and a stock exchange filing is expected on Tuesday afternoon, ZTE sp... More »