MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • The 13 reopens as it bets on a golden comeback

  • Coutinho seeks clear definition of rights and duties of robots amid fears of human replacement

  • Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

  • Three colleagues arrested for failing to report found phone

  • Lawmakers warn of traffic crisis in Zone A, call for summer roadworks and universal design

  • Facial recognition clearance extended to Qingmao port and HZMB

China
Home›China›US bars telecom giant ZTE from buying components

US bars telecom giant ZTE from buying components

By -
April 18, 2018
27
0
Share:

The U.S. Commerce Department is blocking Chinese telecommunications giant ZTE Corp. from importing American components for seven years, accusing the company of misleading U.S. regulators after it settled charges of violating sanctions against North Korea and Iran.

Shenzhen-based ZTE agreed in March 2017 to plead guilty and pay USD1.19 billion for illegally shipping telecommunications equipment to North Korea and Iran. ZTE promised to discipline employees involved in the scheme.

But Commerce said Monday that ZTE paid full bonuses to several of those involved, then lied about it.

“ZTE misled the Department of Commerce. Instead of reprimanding ZTE staff and senior management, ZTE rewarded them,” Commerce Secretary Wilbur Ross said. “This egregious behavior cannot be ignored.”

Commerce officials said the sanctions were unrelated to ongoing disputes over China’s aggressive attempts to obtain U.S. technology and overproduction of steel and aluminum.

The ZTE news drove down stocks in companies that stood to lose business. In early afternoon trading, Acacia Communications shares were down nearly 35 percent, Oclaro Inc.’s nearly 13 percent and Lumentum Holdings’ almost 7 percent. AP

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

Beijing to allow full foreign ownership in ...

Next Article

Economic growth holds at 6.8pct steady amid ...

0
Shares

    Related articles More from author

    • China

      Beijing vows retaliation for latest US tariff threat

      July 12, 2018
      By -
    • China

      Japan’s SoftBank sinks into losses over China investments

      November 9, 2021
      By -
    • China

      Asia, China boost coal use as Iran war squeezes global LNG supplies

      March 25, 2026
      By MDT/AP
    • ChinaHeadlines

      Gaming | GGR may plunge to ‘mid-50%’ range in June following May rally

      June 3, 2021
      By Lynzy Valles, MDT
    • ChinaHeadlines

      Hong Kong bans pro-independence candidate from upcoming election

      August 1, 2016
      By -
    • Breaking NewsChina

      Biden in call with China’s Xi raises human rights, trade

      February 11, 2021
      By -

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    • Sports

      Football | Dads Ronaldo and Messi still seek WC title

    • World

      World briefs

    • China

      Ai Weiwei says gov’t promised he can return

    DAILY EDITION

    Friday, June 26, 2026 – edition no. 4979
    Friday, June 26, 2026 – edition no. 4979

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    June 2026
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  
    « May    

    Timeline

    • June 26, 2026

      The 13 reopens as it bets on a golden comeback

    • June 26, 2026

      Coutinho seeks clear definition of rights and duties of robots amid fears of human replacement

    • June 26, 2026

      Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

    • June 26, 2026

      Three colleagues arrested for failing to report found phone

    • June 26, 2026

      Lawmakers warn of traffic crisis in Zone A, call for summer roadworks and universal design

    • June 26, 2026

      Facial recognition clearance extended to Qingmao port and HZMB

    • June 26, 2026

      Community consumption scheme boosted spending but lacks long-term incentives, lawmaker says

    • June 26, 2026

      AL introduces AI voice system for lawmakers’ speech translations

    • June 26, 2026

      Melco supports growth through Whole Person Development

    • June 26, 2026

      Calls grow for youth entrepreneurship zones and part-time work protections

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

    Following themes including Chengdu and Xi’an, the “Silk Road Art Feast” series continues its journey along the ancient trading routes with a captivating third chapter: Enchanting Dunhuang. Hosted at a ...
    • Myles Smith makes anthemic, personal pop on his debut, ‘My Mess, My Heart, My Life’ 

      By MDT/AP
      June 26, 2026
    • The Alibi Mixers Series: A Summer of Art, Music, and Craft Brews

      By -
      June 26, 2026
    • Where Nordic Light Meets Japanese Shadow: Kaiseki Alchemy at Yamazato

      By Irene Sam, MDT
      June 19, 2026
    • Sun Chaser Celebration: Where Sound and Spirit Unite

      By -
      June 19, 2026
    • Recent

    • Popular

    • The 13 reopens as it bets on a golden comeback

      By Nadia Shaw, MDT
      June 26, 2026
    • Coutinho seeks clear definition of rights and duties of robots amid fears of human replacement

      By Renato Marques, MDT
      June 26, 2026
    • Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

      By Irene Sam, MDT
      June 26, 2026
    • Three colleagues arrested for failing to report found phone

      By Ricaela Diputado, MDT
      June 26, 2026
    • Lawmakers warn of traffic crisis in Zone A, call for summer roadworks and universal design

      By Yuki Lei, MDT
      June 26, 2026
    • Facial recognition clearance extended to Qingmao port and HZMB

      By Ricaela Diputado, MDT
      June 26, 2026
    • Community consumption scheme boosted spending but lacks long-term incentives, lawmaker says

      By Yuki Lei, MDT
      June 26, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia

    Loading Comments...

    You must be logged in to post a comment.

      %d