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/ ZTE future still unclear after Congress disapproval
ZTE future still unclear after Congress disapproval
The Chinese telecommunications gear manufacturer ZTE might be in trouble after all. The company assumed it is in the clear after an initial deal to pay fines, replace its board of directors and hire a contractor to oversee company operations, but the US Congress thought otherwise. US Senators voted on Monday in favor of a sweeping defense policy bill that includes killing the agreement between US President Donald Trump and the ZTE administration. Reuters reported that both Republicans and Democrats expressed security concerns about two Chinese companies - ZTE and Huawei. The...
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