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 […]
U.S. Suspends Export Privileges of Chinese Tech Giant ZTE
On April 16th, the U.S. Commerce Department’s Bureau of Industry and Security (“BIS”) imposed a denial order against ZTE Corporation and ZTE Kangxun Telecommunications, Ltd. (“ZTE Kangxun”), located in Shenzhen, China, for making false statements in violation of the companies’ settlement of previous violations of the U.S. Export Administration Regulations (“EAR”). As a result, the […]