Telecom

Trump administration reaches deal with ZTE to lift seven-year ban

2 monthes ago   |   By Consumer Affairs

The settlement involves a hefty fine and a U.S.-chosen compliance team
By Sarah D. Young of ConsumerAffairs
June 7, 2018
Commerce Secretary Wilbur Ross confirmed to CNBC on Thursday that the Trump administration has struck a definitive agreement with Chinese telecom company ZTE involving a $1 billion fine and $400 million in escrow.
The news follows reports that ZTE had agreed in principle to the deal, which would end its seven-year ban on doing business with crucial U.S.-based suppliers including Qualcomm, Corning and Google.
In addition to the $1 billion penalty, the deal requires that...
Read more ...

 


Search by Tags

   Telecom      ZTE      Business      Boards      Board      Google      Deals      Monitors      Deal      Monitor      News  


20 Apple iPhones stolen from Apple Store in California as customers look on

20 Apple iPhones stolen from Apple Store in California as customers look on

Just last month, we showed you the surveillance video from an Apple Store in Fresno where four hooded robbers grabbed 26 items worth $27,000 in just seconds. History repeated... Read more ...

PSA: Google is rolling back latest Android Messages update w/ Dark Mode

PSA: Google is rolling back latest Android Messages update w/ Dark Mode

A few months after we first showed it to you , Google rolled out the new Material design for Android Messages just yesterday. Shortly after, though, Google has mysteriously... Read more ...

More info about Samsung's upcoming Android Go smartphone leaked out

More info about Samsung's upcoming Android Go smartphone leaked out

Samsung is expected to jump on the Android Go bandwagon, and the first smartphone made by the South Korean company that will try to further popularize Google's light OS is the... Read more ...

Would you pay the premium for a 512GB iPhone?

Would you pay the premium for a 512GB iPhone?

We heard news this week that Apple could bring three storage tiers to the 5.8- and 6.5-inch iPhones this year, with the top end offering 512GB. While we've heard that the base... Read more ...

Chelsea vs Arsenal live stream: how to watch today's Premier League football...

Chelsea vs Arsenal live stream: how to watch today's Premier League football online

The second weekend of the new Premier League season brings together two heavyweights from the capital - both of them under new managers. It's an intriguing face off, and we're... Read more ...

Flame Red HTC U12+ finally added to HTC's lineup

Flame Red HTC U12+ finally added to HTC's lineup

When the HTC I12+ was unveiled a few months back, HTC announced three distinct colors: Translucent Blue, Ceramic Black and Flame Red. The Translucent Blue color option was... Read more ...

How to watch Tyson Fury vs Francesco Pianeta: live stream the big fight free...

How to watch Tyson Fury vs Francesco Pianeta: live stream the big fight free from anywhere

Tyson Fury is back for his second fight since his comeback and now its former European heavyweight champion Francesco Pianeta that is in the sights of the Gypsy King. The best... Read more ...

This week's top stories: Teenager hacks into Apple's servers, low-cost...

This week's top stories: Teenager hacks into Apple's servers, low-cost 13-inch MacBook news, Apple Pencil support for iPhones, more

In this week's top stories: An Australian high school student hacked into Apple's servers , we hear more about a new low-cost 13-inch MacBook , this year's iPhones said to... Read more ...

How to live stream Diamond League Birmingham: watch athletics from anywhere

How to live stream Diamond League Birmingham: watch athletics from anywhere

The Diamond League moves on to Birmingham this weekend for its 12th and final meeting ahead of the finals in Zürich and Brussels at the end of August. YOu can live stream the... Read more ...

Rugby Championship 2018 live stream: how to watch the rugby online from anywhere

Rugby Championship 2018 live stream: how to watch the rugby online from anywhere

The number one rugby competition in the southern hemisphere is back and so are Australia, New Zealand, South Africa and Argentina. We're here to tell you how you can live... Read more ...