China Trade Relations Sees Another Bump Over Tech Firm ZTE

Optical Stocks Under Pressure After US Bans Sales To ZTE

The DOC, however, contends that ZTE failed to significantly penalize those employees.

The Hong Kong-listed shares of ZTE were suspended on Tuesday.

According to the Commerce Department, Monday's action stems from ZTE's failure to live up to terms of a March 2017 civil and criminal settlement with us regulators. As part of a requested update, ZTE stated that they had made disciplinary action against ZTE employees who were involved in the selling of goods to Iran and North Korea.

Mashable has reached out to ZTE to get its take on the accusations Secretary Ross and his department are levying against ZTE.

However, the government now states that ZTE made "false statements" as it negotiated the settlement and when reporting on its C-suite punishment.

The move is part of a broader push by Ola to launch 1 million electric vehicles (EV) on its platform by 2021, it said in the statement, adding that it will work with various state governments, vehicle manufacturers and battery companies to meet its target. Qualcomm is a US-based company, meaning ZTE phones will not be able to use Snapdragon processors. After the USA placed export restrictions on ZTE in 2016 for Iran sanctions violations, the China's Ministry of Commerce and Foreign Ministry criticized the decision. Acacia Communications Inc. shares fell by 34.7%, a drop influenced by the fact that almost a third of the company's 2017 revenue came from ZTE.

German Bundesliga Report: Bayern Munich v Borussia Monchengladbach 14 April 2018
However, Salihamidzic repeatedly avoided answering questions about when Bayern first approached Kovac. Frankfurt also has a German Cup semifinal match against Schalke next week.

Israel 'behind attack on Syrian airbase that killed Iranian soldiers'
Shrine defenders is a phrase that Iran uses for its advisers sent to Syria to aid the Syrian army against terrorists. The T-4 Air Base had reportedly been a headquarters for Iranian drones being used in support of the Syrian regime.

Donald Trump cancels South America trip because of Syria crisis
United States defence secretary Jim Mattis earlier raised the possibility of military action if Syria is found to be responsible. The US president and his French counterpart Emmanuel Macron agreed in a phone call that chemical weapons had been used in Douma.

Regarding the United Kingdom, officials there said they were specifically concerned about new Chinese laws they said gave China "wide-ranging powers of compulsion", according to an official familiar with the matter.

While ZTE can still sell its smartphones in the U.S., the company's market share in the unlocked segment is very small.

The UK's National Cybersecurity Centre (NCSC) has written to UK telcos warning them that using network equipment manufactured by Chinese firm ZTE would negatively impact the UK's national security. The majority of the ZTE smartphones in the USA are sold by the carriers.

Trade tensions with China have been rising, with the Trump administration threatening to impose tariffs on Chinese imports.

ZTE was similarly the subject of a 2012 investigation by the FBI and US Commerce Department after allegedly setting up a network of sub-companies to illegally export Microsoft, HP, Oracle, Dell, Cisco, and Symantec products to Iran.

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