US Department of Commerce lifted ban on sale order, ZTE resumed global business this morning


US Department of Commerce lifted ban on sale order, ZTE resumed global business this morning

According to Caixin report, the Commerce Department announced that ZTE had paid the final sum of $1 billion 400 million in fines, and the Ministry of Commerce lifted the ban on its sale. ZTE will be able to re purchase key components and restore operations to US companies.

According to reporters, ZTE in Beijing, July 14th at 6:33, started the pre - prepared T0 business reconstruction plan, starting to fully restore the global business. Starting from the evening of 13, employees came to work one after another. The first order came from ZTE's Mexico terminal business line.

According to ZTE's internal staff, Zhongxing's internal screens are immediately banned. Word.


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