Zte could be re-seized in the United States

Just over a week ago, it was announced that ZTE had reached an agreement to be able to operate in the American market again. The company had to pay a millionaire fine for it, in addition to completely dismissing its management. But thanks to this they could return to using American components and return to operations. Although the problems are not over.

ZTE could be re-seized in the United States

Since in the United States they do not seem to be entirely happy with the agreement and they are looking for ways to make the embargo return. So the situation could be twisted again for the manufacturer if this continues.

The problems continue for ZTE

Since in America, the Senate has passed a new law, which looks like it will be passed. By the same, the block will be made effective to the company. So ZTE would not be able to use components that come from the United States in its devices, which again means the cancellation of its operations completely. And the risk is increasing.

This is something that has been noticed on the stock market, because the manufacturer's shares have completely sunk, falling 27% at times. A problem that again highlights the bad moment of ZTE today.

At the moment it is not known when this law will be approved in the American Senate, although it should not take too long. The consequences for the company can be many, even its own end. So we hope to know more soon.

Gizmochina Fountain