Chinese phone maker ZTE saved from brink after deal with U.S.

June 7, 2018 admin Business News Comments Off on Chinese phone maker ZTE saved from brink after deal with U.S.

(Reuters) – U.S. Commerce Secretary Wilbur Ross said on Thursday the government has reached a deal with ZTE Corp that reverses a ban on its buying parts from U.S. suppliers, allowing China’s No. 2 telecommunications equipment maker to get back into business.

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Source:: Reuters – Business News