Chinese telecom giant ZTE has pleaded guilty in a US court to violating US export controls by selling goods to Iran and North Korea over several years. The move is the final step in the case’s resolution which the US government announced March 7 in which it slapped $1.2 billion in fines on the company, … Read more
Washington is scrambling to develop a new strategy to counter North Korea’s aggressive nuclear weapon and missile programs, but tougher sanctions could provoke a diplomatic clash with China. Secretary of State Rex Tillerson will visit the United States’ frontline allies South Korea and Japan next week before heading on to great power rival China to … Read more
Shares in Chinese telecom giant ZTE jumped as much as 8.8 percent on Wednesday in Hong Kong after it ended a year of uncertainty in its US business following a $1.2 billion fine. US officials said on Tuesday the firm would immediately pay a massive fine of $892 million for flouting US sanctions by shipping … Read more
The US government has slapped more than $1 billion in fines on Chinese telecom giant ZTE for violations of US export controls for selling goods to Iran and North Korea, officials announced Tuesday. It is the largest criminal penalty in US history in an export control or sanctions case, government officials said. The company will … Read more
Chinese telecom equipment maker ZTE Corp (000063. SZ)(0763.HK) is nearing an agreement to plead guilty to U.S. criminal charges and pay hundreds of millions of dollars in penalties over allegations it violated U.S. laws that restrict sale of U.S. technology to Iran, a person familiar with the matter said. The company has not yet signed … Read more
The official global introduction of 5G is set for 2020, but a number of global mobile industry giants today declared their support for the acceleration of 5G New Radio (5G NR) standardization to enable large scale trials and the deployment of the technology in 2019. This comes just a day before the opening of Mobile … Read more
Chinese telecoms giant ZTE unveiled Sunday what it said is the world’s first smartphone compatible with the lightening-fast 5G mobile internet service that networks expect to have up and running by 2020. The company said the Gigabit Phone is the first smartphone capable of download speeds reaching up to 1 gigabit per second (Gbps) — … Read more
Chinese smartphone maker Huawei managed to gain ground on Samsung and Apple in terms of market share last year, following the problems encountered by the two sector giants, the Gartner consultancy group said on Wednesday. Over the year as a whole, the Chinese maker saw its sales leap by 26.7 percent, while the South Korean … Read more
Chinese smartphone maker Huawei managed to gain ground on Samsung and Apple in terms of market share last year, following the problems encountered by the two sector giants, the Gartner consultancy group said on Wednesday. Over the year as a whole, the Chinese maker saw its sales leap by 26.7 percent, while the South Korean … Read more
The iPhone 7 will not have a traditional headphone socket. Apple said its lightning connector could be used instead, which would make room for other components. It will also promote the use of wireless earphones, and has released a set of its own called Airpods. The firm said it had taken “courage” to take the … Read more