Tag Archives: zte

ZTE expects to lose at least 20 billion yuan ($3.1 billion) in the wake of a US technology ban that has factories halting operations as clients cancel deals with the embattled Chinese phone maker, Bloomberg reported Tuesday. ZTE, the fourth-largest smartphone maker in the US, has been dealing with a US Commerce Department denial order that …

The House Appropriations Committee on Thursday unanimously approved an amendment to a bill that would uphold sanctions against ZTE, rejecting President Donald Trump’s defense of the embattled Chinese phone maker. This amendment will “prevent a foreign company that is beholden to its government – and that ignores embargoes – from infiltrating the devices and networks that are now indispensable to …

President Donald Trump is doubling down on his defense of Chinese telecommunications giant ZTE.  Trump said on Twitter on Monday that ZTE, the fourth-largest smartphone maker in the US by market share, “buys a big percentage of individual parts from U.S. companies.” HE also said ZTE was “reflective of the larger trade deal we are negotiating with China and my …

Count President Donald Trump as one of Chinese phone maker ZTE’s new allies.  ZTE, the fourth-largest smartphone maker in the US, has been dealing with a US Commerce Department denial order that prevents US businesses from selling hardware or services to the company — a seven-year ban that forced ZTE to shut down its “major operating activities.”  It looks, though, like ZTE …

The reports of ZTE’s death are greatly exaggerated. Well, at least for now. The fate of the Chinese maker of telecommunications gear has been up in the air since ZTE disclosed on Wednesday that it had shut down “the major operating activities of the company.” The closure followed a US Commerce Department denial order, which banned any American businesses from …

ZTE uses two screens in its folding Axon M phone, but how about a folding device that uses three? Microsoft has one idea for the concept. A recently published Microsoft patent application shows off a tablet-like device that can fold inwardly or outwardly. The device has two main displays which can be seen when the device is opened up, but …

The US government’s export ban on ZTE has effectively brought the Chinese telecom giant and phone maker to its knees.  In a Hong Kong Exchanges filing on Wednesday, ZTE told investors that the “major operating activities of the company have ceased” because of the US Commerce Department’s export ban. In April, US officials said they were imposing a “denial of export …

The Pentagon has banned the sale of Huawei and ZTE phones on US military bases worldwide, the US Department of Defense confirmed to CNET on Wednesday. The ban is based on the potential security threat the Pentagon believes the phones from the China-based companies may pose. It’s the latest move in an ongoing crackdown on the two companies by the US government, which is suspicious that they …

It’s been a bad week for ZTE. On Monday, the US Commerce Department banned all American companies from selling their software and hardware to ZTE. This, the Chinese phone and telecommunications company said, is unacceptable. “It is extremely unfair to ZTE and we cannot accept it!” the company said in a statement, according to Reuters. “Refusal orders will not only …

Qualcomm just got through fending off a takeover, but it can’t seem to complete its own attempt at an acquisition.  The San Diego-based mobile chip giant has spent the past year and a half attempting to acquire Netherlands-based NXP Semiconductors, which makes chips for the automotive industry and digital networks. The deal is critical to Qualcomm effort to expand beyond …