Trump says ZTE to pay USD 1.3 bln fine, change management to restart business

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(Telecompaper) US President Donald Trump said the US government will allow ZTE to restart its business, after it pays another large fine and changes its management. In a tweet on 26 May, Trump said: “I closed it down then let it reopen with high level security guarantees, change of management and board, must purchase US parts and pay a USD 1.3 billion fine.”
Source: Industry News (syndicated from Telecompaper.com)

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