US allows ZTE to do business till it fulfils riders for lifting of ban


China's embattled ZTE Corp has received a temporary reprieve from the US government to conduct business needed to maintain existing networks and equipment as it works toward the lifting of a US supplier ban.

ZTE, which makes smartphones and networking gear, was forced to cease major operations in April after the United States slapped it with a supplier ban, saying it broke an agreement to discipline executives who conspired to evade US sanctions on Iran and North Korea. The authorisation seen by Reuters from the US Commerce.....

This article is no longer available in our repository.

There could be multiple reasons for this.