When the US Commerce Department slapped ZTE with $1.19 billion in penalties for illegally shipping telecom gear to Iran and North Korea (and making false claims about it), it offered a reprieve: it would suspend a seven-year export ban as long as the Chinese company honored an agreement and didnt break the rules again. Apparently, ZTE might have blown its chance at a break. Department officials have revived an order banning ZTE from exporting US products after accusing the company of….Read more
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