Chinese phone maker ZTE saved from brink after deal with U.S.

June 7, 2018 by  
Filed under News

(Reuters) – U.S. Commerce Secretary Wilbur Ross said on Thursday the government has reached a deal with ZTE Corp that reverses a ban on its buying parts from U.S. suppliers, allowing China’s No. 2 telecommunications equipment maker to get back into business.

Source: Reuters Business News

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