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Author Topic: ZTE shuts down main operations . USA investing.  (Read 6810 times)

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Geek-9pm

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ZTE shuts down main operations . USA investing.
« on: May 09, 2018, 03:50:00 PM »
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ZTE was accused of dodging United States sanctions on Iran in 2016, by selling technology from the U.S. to Iran through multiple shell companies. The US Department of Commerce threatened to cut off ZTE from all its supply chain partners in the United States, which ZTE avoided by paying nearly a billion dollars in fines.
Why is the Computer News?  Many ZTE products are in Cell Phone and Wireless technology, which is part of the Personal Computer industry.  If ZTE can no longer do can  business with the USA,   users with ZTE smart phones might not have support
Here is the story:
https://www.androidpolice.com/2018/05/09/zte-shuts-main-operations-talks-u-s-continue/
Many US companies use ZTE products for Internet service to subscribers.
AT&T, T-Mobile, Verizon Wireless and others offer ZTE products. 
In view of recent developments in the world, ZTE may lose their USA market.
If that happens, many users will find there is not direct support for any ZTE  devices needed for Internet access.  :(
Quote
The ban is a massive blow to ZTE, as it blocks the company from its supply chains in the United States. The company can't use Qualcomm processors, modems from Intel, and other components. Google is still trying to figure out if ZTE can legally keep its Google Play license.
BTW, the Snapdragon CPU is used by ZTE.

patio

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Re: ZTE shuts down main operations . USA investing.
« Reply #1 on: May 09, 2018, 06:13:58 PM »
It doesn't matter...they are cryin the blues because they potentially have lost access to the US market because of security concerns and now are feelin the pinch...

It's their own fault...and well deserved.
" Anyone who goes to a psychiatrist should have his head examined. "

Geek-9pm

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Re: ZTE shuts down main operations . USA investing.
« Reply #2 on: May 09, 2018, 11:23:33 PM »
Patio,
I agree. The Billion Dollar fine and the market loss is the price they pay for trying to dodge an agreement they had made.
Meanwhile, users who already bought ZTE smartphones might find there is no longer official factory service for the devices. However, repair kits are available.

notlurking



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    Re: ZTE shuts down main operations . USA investing.
    « Reply #3 on: May 16, 2018, 05:57:22 PM »
    This is more about android cell phones than computers....that being said, it seems the orange hair man has as usual changed his mind again.......ZTE lives!!!! ;)


    https://www.cnbc.com/2018/05/16/trump-says-his-actions-on-chinas-zte-relate-to-the-larger-trade-deal.html

    patio

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    Re: ZTE shuts down main operations . USA investing.
    « Reply #4 on: May 16, 2018, 07:19:25 PM »
    Who's the "orange hair man" ? ?
    " Anyone who goes to a psychiatrist should have his head examined. "

    notlurking



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      Re: ZTE shuts down main operations . USA investing.
      « Reply #5 on: May 21, 2018, 08:04:47 PM »
      The one and only POTUS........Trump!!!!

      Geek-9pm

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      Re: ZTE shuts down main operations . USA investing.
      « Reply #6 on: May 21, 2018, 09:40:55 PM »
      This brings up some political questions.  :-X
      For an idea of what this means, NPR did a report that trys ts outline the issues without taking a political position.  8)

      Trump, China And ZTE

       May 17, 2018.  Heard on Morning Edition
      Quote
      President Trump says his effort to help Chinese telecommunications company ZTE is only part of a "larger trade deal." NPR's Rachel Martin talks with Robert Daly of the Wilson Center.
      ...
      Quote
      MARTIN: So both countries here, the U.S. and China, have been threatening each other with tariffs, something neither really wants to happen. The Trump administration also wants to lower the trade deficit with China. That's the overall goal. What does China want out of these talks at this moment?

      DALY: At this moment, China wants to, from its point of view, cease the abuse and the threats from the United States and return to business as usual, if possible. China didn't begin this latest round of what Scott Horsley earlier called a trade skirmish, not a trade war yet.