China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case

Stewing about Trump, California tech group bets on distant ‘purple’ candidates
June 8, 2018
Verizon names former Ericsson chief as new CEO
June 8, 2018
This post was originally published on this site

HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.