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ZTE says communicating with all parties after news of export restrictions
Visitors check out products at the ZTE stand at the Mobile World Congress in Barcelona, February 24, 2014.
Reuters/Albert Gea
Chinese telecommunication equipment maker ZTE Corp (000063.SZ) said on Sunday it is communicating aggressively with all parties after media reports that the company faces U.S. export restrictions.
The statement came a day after Reuters reported that the U.S. Commerce Department is set to place export restrictions on ZTE (0763.HK) for allegedly violating U.S. export controls on Iran.
(Reporting By Yimou Lee; Writing by Anne Marie Roantree; Editing by Kim Coghill)
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