China's ZTE seeks resolution of U.S. export ban

China's ZTE is seeking a resolution to a U.S. ban on selling it parts and software that it has said threatens its survival. ZTE "has learnt from its past experiences on export control compliance and attaches significant importance to the work on export control compliance," the mobile phone and telecoms company said in a statement to the Hong Kong stock exchange. ZTE "is making active communications with relevant parties and seeking a solution to the U.S. export denial order," it added in the statement.

from Yahoo News - Latest News & Headlines https://ift.tt/2Hl3vzs