Commerce Department grants second extension of sanctions reprieve for ZTE in the US
ZTE has won a second extension to its reprieve from trade sanctions in the US.
The Commerce Department initially issued the sanctions back in March after its investigations found that the Chinese manufacturer was doing business with Iranian companies. Parts of ZTE’s products have been sourced from American companies.
The current extension allows ZTE to continue sourcing components from the US until November 28, well into whatever ZTE or Nubia may have to offer past IFA.