Mobile > Telecom

ZTE rescue plan in doubt after US Senate vote

8 monthes ago   |   By TechRadar

ZTE's future is one again in the balance after the US Senate passed a defence bill that included an amendment that could block President Trump's rescue plan for the company. The Senate voted 85-10 for the National Defense Authorization Act, a rare example of the Republican-controlled chamber undermining Trump. The Act had already been approved by the House of Representatives, but without the amendment concerning ZTE .
ZTE ban
This means the two houses will have to compromise and it's likely that Trump will have his say on the matter too, having personally intervened to help ZTE overturn a...
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ZTE shares tank after U.S. Senate puts Trump reprieve in doubt

ZTE shares tank after U.S. Senate puts Trump reprieve in doubt

8 monthes ago   |   By Reuters

HONG KONG - Shares of ZTE Corp plummeted on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with its U.S. suppliers.
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US Senate slaps down Trump's 'bad deal' to lift ban on ZTE

US Senate slaps down Trump's 'bad deal' to lift ban on ZTE

8 monthes ago   |   By The Inquirer

Democrats and Republicans vote to reinstate US sanctions
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U.S. Senate votes to ban ZTE

U.S. Senate votes to ban ZTE

8 monthes ago   |   By Phone Arena

Deal or no deal, the U.S. Senate has voted in favor of restoring a ban against Chinese manufacturer ZTE. As we have previously reported, President Trump recently struck a deal with China and ZTE to lift the ban on the company receiving U.S. exports. The agreement required ZTE to fire some people, establish a compliance department ran by American-picked employees and pay $1 billion dollar fine. Initially, the Commerce Department placed almost a decade long ban on the company, for supposedly doing business with both Iran and North Korea. Chinese President Xi Jinping plead with the U.S. to...
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US Senate votes to reimpose ban on China's ZTE, shares plunge

8 monthes ago   |   By Phys.org

The US Senate defied President Donald Trump on Monday by voting to overrule his administration's deal with Chinese telecom firm ZTE and reimpose a ban on hi-tech chip sales to the company.
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Senate votes to reinstate ZTE ban in the US

8 monthes ago   |   By Engadget

The Trump administration's decision to work with Chinese President Xi Jinping to bring ZTE back to business didn't sit well with lawmakers from both sides. A group of Senators from the Republican and Democratic parties recently amended the National D...
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U.S. Senate votes to reinstate ZTE sales ban

U.S. Senate votes to reinstate ZTE sales ban

8 monthes ago   |   By PhoneDog

The saga of ZTE and its ban on buying components from U.S. companies continues today, and this time it's not good news for the company.
The U.S. Senate today voted to pass the National Defense Authorization Act that, in addition to being a military funding bill, included wording to reimpose sanctions against ZTE. The bill passed with 85 votes for and 10 votes against.
Here's what Senators Marco Rubio , Tom Cotton , Chuck Schumer , and Chris Van Hollen had to say about the passing of this bill:
"We're heartened that both parties made it clear that protecting American jobs and national...
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