【Cute Devil】
Chinese phone manufacturer ZTE has suspended all major operations following a seven-year ban on Cute Devilimporting phone parts from the U.S., the company announced on Wednesday.
"As of now, the Company maintains sufficient cash and strictly adheres to its commercial obligations subject to compliance with laws and regulations," ZTE's note reads. "The Company and related parties are actively communicating with the relevant U.S. government departments in order to facilitate the modification or reversal of the Denial Order by the U.S. government and forge a positive outcome in the development of the matters."
SEE ALSO: Yet another Chinese phone-maker is in big trouble with the U.S.According to a Bloombergreport Thursday, ZTE sees the next two weeks as crucial for its efforts to resolve the situation with the U.S. regulators. “The company is currently working hard to speedily resolve this impasse,” said an email allegedly sent to senior company staff.
To build its phones, ZTE needs parts from U.S. companies such as Qualcomm and Lumentum.
ZTE is a significant player in the mobile industry, and one of the few smartphone vendors from China that has made a significant impact in the U.S. In fact, the company launched the first Android Go phone in the U.S. in March, the $80 Tempo Go. ZTE's site says the phone is currently out of stock.
Everything of ZTE went south in April, when the U.S. Department of Commerce denied export privileges to the company for selling equipment to Iran and North Korea. ZTE paid close to $2 billion in March 2017 to settle the matter, but it also promised to formally scold its executives and deny them bonuses due to participating in this mess. When the U.S. Department of Commerce learned that ZTE had never done that, they slapped the company with a seven-year denial of export privileges.
ZTE is not the only Chinese smartphone maker to land in trouble with the U.S. authorities. Although there is no formal ban in place, major U.S. mobile operators recently dropped plans to sell Huawei's phones following warnings from the FBI, CIA, and NSA. The U.S. agencies deem that U.S. citizens should not buy phones from Huawei or ZTE, advising that doing so might opens doors for espionage.
Mashable has contacted ZTE with regards to the denial order and will update the article when we hear from them.
Featured Video For You
Search
Categories
Latest Posts
Nintendo Switch 2 preorder just days away, per leak
2025-06-26 08:07Amazon workers in U.S. test positive for coronavirus in 8 warehouses
2025-06-26 07:166 apps and plugins to help you stay focused while working from home
2025-06-26 06:40How to Settle Down with Dystopia
2025-06-26 06:24Popular Posts
Your 'wrong person' texts may be linked to Myanmar warlord
2025-06-26 09:01The sly bird meme is the latest thing you have to know about
2025-06-26 08:42The Story Behind the Home of Forgotten Video Games
2025-06-26 06:57Featured Posts
Today's Hurdle hints and answers for April 17, 2025
2025-06-26 08:58Coronavirus won’t make a dent in the growing climate problem
2025-06-26 07:11Apple updates iOS and iPadOS with new Memoji, iPad trackpad support
2025-06-26 07:00Popular Articles
Slack has seen a massive surge in users during coronavirus pandemic
2025-06-26 08:06Please bring 'The Office' back and have Michael Scott do a TED Talk
2025-06-26 07:36Amazon workers in U.S. test positive for coronavirus in 8 warehouses
2025-06-26 06:29The 10 Most Anticipated PC Games of 2017
2025-06-26 06:27Newsletter
Subscribe to our newsletter for the latest updates.
Comments (7228)
Exquisite Information Network
Ireland fines TikTok $600 million for sharing user data with China
2025-06-26 09:00Impression Information Network
Shows to watch while social distancing that aren't comforting at all
2025-06-26 07:56Exquisite Information Network
'The Office': 10 best behind
2025-06-26 07:31Openness Information Network
4 steps teens can take to quit vaping
2025-06-26 07:10City Information Network
WhatsApp launches 'Advanced Chat Privacy' to protect sensitive conversations
2025-06-26 06:43