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 company has maintained its cooperation with the investigation and was granted a break from the sanctions at the end of March and then an extension at the end of June, lasting until August 30.

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.

Via: Reuters

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Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.