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ZTE Still Has Huge Challenges To Tackle

After almost three months out of business, Chinese manufacturer, ZTE finally resumed after paying a huge fine of $1.4 billion. On July 15, ZTE officially launched its long-awaited business reconstruction plan and fully resumed its global business. However, the first quarter financial report released on the 27th of July showed a net ...

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ZTE A0722 with mid-range specs shows up on TENAA

Chinese telecommunications OEM ZTE, after months of battle with the U.S commerce department finally landed softly, and it all now appears it is set to begin full business operation. A new ZTE phone, probably one of a couple of devices it started work on before the logjam has surfaced on the Chinse ...

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ZTE Shares Rose By About 16% As The US Lifts Ban

Chinese manufacturer, ZTE, commenced trading earlier today for the first time after the ban was lifted. The company which has seen its shares drop to low levels in the past weeks now has cause to smile as its A and H shares rose sharply on its first post-ban trading day. Its ...

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ZTE To Lose Up To 9 Billion Yuan ($1.4 Billion) In The First Half Of The Year Due To US Fine

Recently, Chinese manufacturer, ZTE, announced that it is expected a lose between 7 Billion Yuan ($1 Billion) to 9 Billion Yuan ($1.4 Billion) in the first half of this year. The company issued a “Notice on Progress of Major Events” on May 9, 2018, due to the operational losses caused by the ...

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US commerce department lifts ban on ZTE, commences full operations

The U.S Commerce Department on Friday lifted the export ban that prevented American firms from dealing with China’s ZTE, allowing the Chinese firm to once again resume full business operations under strict monitoring. The US Commerce Secretary Wilbur Ross made the announcement hours after signing the Escrow deal with ZTE and ...

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ZTE Now Rely On 5G Technology To Rebuild Its Name

On July 5, the US Department of Commerce temporarily/partially lifted the export ban on ZTE and the ban lift is expected to last from July 2, 2018, to August 1, 2018. However, the issued seven-year ban on ZTE is officially canceled. In order to comply with the lifting of the ban ...

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ZTE CEO, Cheng Lixin, Resigns

In the immediate past months, Chinese company, ZTE has had to deal with a couple of setbacks in its operation as a result of the ban from the US. Recently, the company reached an agreement with the US government and its ban has been temporarily lifted. Part of the agreement requires ...

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