Trade Minister US confirms agreement on ZTE

The Chinese smartphone maker ZTE still has to pay a fine of 1.

The company had been in serious trouble due to the recently imposed penalties. ZTE uses, among other things, chips from the American chipmaker Qualcomm and the operating system Android from Google. Because of the sanctions American companies were not allowed to deliver to the second largest smartphone maker in China. ZTE therefore discontinued its activities since the restriction was imposed in April.

President Donald Trump previously said via Twitter that a solution for ZTE would be looked at. China and the United States are involved in a much broader trade dispute. This issue could not be separated from it, which is why the case was discussed at a high level. There were also many Chinese jobs involved.

Invalid email address. Please fill in again.

Unsubscribe with 1 click