The authorization from the U.S. Commerce Department’s Bureau of Industry and Services, dated July 2 and which was seen by Reuters, runs until Aug. 1. ZTE and spokespeople for the U.S. Department of Commerce did not respond to requests for comment. ZTE, which makes smart phones and networking gear, was forced to cease major operations in April after the United States slapped it with a supplier ban saying it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea. …read more
Source:: Yahoo Finance
