Billion dollar fine, new management and “security guarantees” gains ZTE U.S. access
china, firefox, geek stuff, mobile, zte
ZTE is back in business. The Chinese mobile phone and network equipment manufacturer paid $1.4 billion in fines and replaced its board of directors in order to make peace with the U.S. government. The federal commerce department effectively shut ZTE in May when it cut off access to U.S.-made products, including high end chips and key bits of the Android mobile operating system.
The problems began when the U.S. government accused ZTE of doing business with Iran and North Korea, in violation of U.S.… More