China Telecom Giant ZTE Pleads Guilty, To Pay $1.2 Billion Penalty For Selling US Tech To Iran

by Tyler Durden
Mar 7, 2017 11:12 AM
"One of the world’s biggest telecommunications gear makers and the No. 4 smartphone vendor in the United States, ZTE sells handset devices to U.S. mobile carriers AT&T, T-Mobile US  and Sprint. It relies on U.S. companies including Qualcomm, Microsoft and Intel for components." Quote from Zero Hedge article:
http://www.zerohedge.com/news/2017-03-07/china-telecom-giant-zte-pl...

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