ZTE on life support after United States export ban

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ZTE has halted "major" core business operations following a US supply ban.

"As a result of the Denial Order, the major operating activities of the company have ceased", stated the announcement.

ZTE was accused of violating United States sanctions on North Korea and Iran, as well as lying to United States officials.

The company added that it's communicating with the US government to have the denial order reversed or modified.

The company says that it's working with the U.S. government to get the ban reversed, but there's no progress on that front so far.

Chinese telecommunications giant ZTE is ceasing all "major operating activities" after being hit by sanctions from US regulators. The ban was imposed after ZTE was found guilty of violating United States export restrictions.

The ban on U.S. companies selling device components and software to the Chinese firm took place as Washington and Beijing gear up for a potential trade war.

Furthermore, the two countries have been locked in a trade spat, with U.S. slapping around US$50 million worth of trade tariffs on China, following a seven-month long investigation into American intellectual property theft by the one-party state.

On Thursday, online ZTE stores on its website and major e-commerce platforms were "under construction".

ZTE wasn't kidding around when it suggested that a U.S. Department of Commerce order would "severely impact" its survival.

Earlier today, in fact, the Chinese smartphone/telecom manufacturer announced that it had ceased its main business operations as it attempts to figure out the best way forward.

Selected Telstra-branded mobile devices now unavailable: Due to issues outside of our control, certain Telstra-branded mobile phones and mobile broadband devices made by ZTE are now unavailable.

Even a U.S. delegation went to Beijing last week to explore the brewing trade battle with their Chinese counterparts.

From what we can tell in the crowd support link above that current users of Telstra/ZTE devices can continue to use these devices and that safety has not been compromised nor will it be.

"We want to make sure our customers who already own Telstra-branded ZTE devices are looked after", she said. Is the export ban against the company fair?

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