In ZTE Battle, U.S. Suppliers Are Collateral Damage

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American firms that offer chips, antennas and different gear to ZTE Corp. are bracing for a large income loss after the U.S. final week stated they now not would be capable of promote parts to the Chinese language telecommunications large.

A number of ZTE distributors watched their inventory costs stumble in latest days, collateral harm after the Commerce Division imposed a seven-year gross sales ban, accusing the Chinese language firm of failing to punish staff who violated U.S. sanctions towards North Korea and Iran.

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