Commerce Department and ZTE Reach New Agreement on U.S. Export Violations

On June 7th, the Commerce Department announced that Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd. (collectively “ZTE”) agreed to additional civil penalties and compliance measures in exchange for their removal from the Bureau of Industry and Security (“BIS”) Denied Persons List, thereby allowing them to regain access to the U.S. market. ZTE, the […]