ZTE suspends operations in face of US ban

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(Telecompaper) ZTE announced that its has ceased its major operating activities due to the export ban imposed by the US government on the Chinese company. Just over three weeks after the ban was announced, the company said in a statement to investors that “as a result of the denial order, the major operating activities of the company have ceased”.¬†
Source: Industry News (syndicated from Telecompaper.com)

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