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ZTE's devastating US ban has technically not been lifted yet, but with a new chairman and board of directors, the Chinese company is getting closer.
Chinese tech giant ZTE is not out of the woods yet, looking at a serious vacuum power caused by mandatory executive reforms and partner skepticism.
Commerce Secretary Wilbur Ross has officially announced an end to ZTE's US ban, with the Chinese company required to cough up a whopping $1.4 billion.