US Companies Banned From Selling To ZTE

I guess that you can add ZTE to the list of Chinese companies who have run afoul of The Trump Administration as Reuters has a story that US companies are now banned from selling to the Chinese firm:

The U.S. Department of Commerce is banning American companies from selling components to leading Chinese telecom equipment maker ZTE Corp for seven years for violating the terms of a sanctions violation case, U.S. officials said on Monday. The Chinese company, which sells smartphones in the United States, pleaded guilty last year in federal court in Texas for conspiring to violate U.S. sanctions by illegally shipping U.S. goods and technology to Iran. It paid $890 million in fines and penalties, with an additional penalty of $300 million that could be imposed. As part of the agreement, Shenzhen-based ZTE Corp promised to dismiss four senior employees and discipline 35 others by either reducing their bonuses or reprimanding them, senior Commerce Department officials told Reuters.

So, I wonder how long it will be before  ZTE joins Huawei from being unable to sell phones in the US. Given the current political climate, I would say that it’s only a matter of time before that’s a reality.

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4 Responses to “US Companies Banned From Selling To ZTE”

  1. […] comes after the US decided to order US companies not to sell to ZTE yesterday. As a result of the latter action (but I am sure the UK decision didn’t help), […]

  2. […] market, comes this report from Reuters that ZTE could lose access to the Android OS because of it running afoul of the US in the last few days. You see, Google which is an American company makes the Android OS, Google […]

  3. […] them. It isn’t clear at this point. I’m going to guess that it’s the latter as US companies are banned from doing business with ZTE. And that likely includes access to the Android […]

  4. […] this is confusing. First the Trump Administration punished ZTE to the point that ZTE was going to shut down. Then President Trump says he’s going to save […]

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