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June 7, 2018 03:46 pm GMT

U.S. Commerce Secretary Confirms Historic Deal To Save ZTE

Commerce Department Secretary Wilbur Ross on Thursday confirmed that the federal agency struck a lifeline deal with ZTE meant to save the Chinese company from bankruptcy by allowing it to purchase and license crucial technologies from American firms. The seven-year denial ordered was initially imposed on ZTE by the same regulator in April after it […]

The post U.S. Commerce Secretary Confirms Historic Deal To Save ZTE appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/06/u-s-commerce-secretary-confirms-historic-deal-to-save-zte.html

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