mobile-handset
U.S. slaps export curbs on China’s ZTE over alleged Iran scheme
March 7, 2016 by elegant · Leave a Comment
The United States is imposing export restrictions on China's ZTE Corp and three other entities over an alleged scheme developed by the telecoms equipment maker to re-export controlled items to Iran, contrary to U.S. law, according to a U.S. notice on Monday. The U.S. Commerce Department, in the public notice, cited ZTE documents that showed the mobile handset maker planned to use shell companies in the scheme, leading the department to impose export curbs…
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U.S. slaps export curbs on China’s ZTE over alleged Iran scheme