YOU ARE AT:TagsTrade

BROWSING: trade

Commerce Department issues rule to allow standards work with Huawei

The U.S. Commerce Department has posted a new rule specifying that U.S. companies may work on technical standards, including 5G, with Huawei and its affiliates around the world, despite ongoing restrictions on sale and sharing of U.S.-based technology with the company. The rule amends the...

US government officially lifts seven-year ban on ZTE

  The decision by the U.S. Department of Commerce will allow the Chinese vendor to resume operations The U.S. Department of Commerce (DoC) formally lifted a seven-year ban on U.S. companies selling components and software to Chinese vendor ZTE, after it complied with all the requirements...

U.S government says deal with ZTE will be the last chance for the firm

ZTE issued an internal memo with apologies for customers and employees The U.S government will “shut down” Chinese vendor ZTE in the United States if the engages in one more violation of U.S. trade rules, White House trade adviser Peter Navarro told U.S press on...

Commerce Department confirms terms of ZTE deal

ZTE must pay up to $1.4 billion, replace its entire board of directors and senior leadership, and submit to a decade of embedded U.S. trade monitors in order to resume receiving exports from U.S. tech companies, in what the Department of Commerce is calling...

ZTE inks preliminary deal with the U.S government to resume business: report

Under the new deal, ZTE would pay a combined fine of nearly $1.7 billion Chinese vendor ZTE has signed an agreement that would lift a U.S. Commerce Department ban on buying from U.S. suppliers, Reuters reported, citing sources with knowledge of the matter. However, a Commerce...

China’s review of Qualcomm/NXP deal still murky

Some media reports say China's review of Qualcomm/NXP deal is on, some say it's off. The review, however, could move fast in coming days, depending on larger trade issues between United States and China. China's Ministry of Commerce (Mofcom) has approved two semiconductor company acquisition...