日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Penalty bars ZTE from US tech parts

By Ma Si | China Daily | Updated: 2018-04-18 11:25
Share
Share - WeChat

The United States has banned Chinese telecom equipment maker ZTE Corp from buying any US technology for seven years, a decision that may deal a blow to the Chinese company and negatively affect the global telecom industry.

The US Department of Commerce announced on Monday that it would impose a seven-year ban on ZTE's purchase of crucial US technologies, including chips, for violating terms of a sanctions settlement.

In quick response, China's Ministry of Commerce said it is ready to take necessary measures to safeguard the legitimate rights and interests of Chinese companies, and it urged the US to create a fair, just and stable legal and policy environment for all players.

Wang Xinglin, a researcher at China International Capital Corp, said that on top of hurting ZTE, which relies on imports for components used in its smartphones and telecom gear, the move will have a negative effect on the global telecom network structure.

ZTE accounts for about 10 percent of the global telecom equipment market and 30 percent of the Chinese telecom market. It has equipment in stock for one or two months, which leaves time for negotiations. The matter needs to be handled as soon as possible, Wang said.

Experts estimate that 25 percent to 30 percent of components used in ZTE's products are imported from the US. At the heart of the ban is the Shenzhen-based company's access to high-end chips from US chipmaking giants Qualcomm Inc and Intel Corp.

The case highlights how China's domestic semiconductor industry must step up research and development to reduce its reliance on foreign technology. In recent years, China has spent more than $200 billion on imported chips annually, more than the amount spent on crude oil imports, said Wang Zhihua, a microelectronics professor at the Tsinghua University in Beijing.

To deal with the crisis, ZTE said in an internal letter that it has set up a working group and is "assessing the potential implications that this has on the company and is communicating with relevant parties proactively in order to respond accordingly".

Trading in ZTE shares was suspended in Hong Kong and Shenzhen on Tuesday.

The US decision also weighs on the US companies that supply technologies to ZTE. Acacia Communications Inc, an optical networking telecom company that generated 30 percent of its revenue from ZTE in 2017, saw its shares plummet as much as 35 percent by midday on Tuesday.

The ban is the latest development in the US government's punishment of ZTE, after the company pleaded guilty last year to violating sanctions by shipping telecom equipment to Iran and the Democratic People's Republic of Korea. ZTE has paid $890 million in fines and penalties, and an additional penalty of $300 million could be imposed.

But US officials contend the company has not kept its promise to discipline 35 employees by reducing their bonuses or reprimanding them, so they initiated the ban on ZTE.

Xiang Ligang, CEO of telecoms industry website Cctime, said the twist illustrates the US government's inconsistent policies toward Chinese companies. It is more of a political attempt to contain Chinese tech leaders.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 毛片a| 九九热免费视频在线观看 | 亚洲成av人片在线观看 | 国产精品久久久久无码AV1 | 午夜精品亚洲 | 久久er视频 | 国产精品久久久久国产A级 首页亚洲国产丝袜长腿综合 | 最新伦理片 | 亚洲精品在线免费 | 国产成人网 | 久久成人免费观看草草影院 | 精品视频一区二区观看 | 自拍偷拍亚洲欧美 | 女同久久另类99精品国产 | 国产日韩一区二区三区在线观看 | 五月婷婷综合在线视频 | 国产一级视频 | 艳妇荡乳豪妇荡淫 | 亚洲国产中文字幕 | jdav视频在线观看免费 | 欧美一区二区在线视频 | 国产午夜亚洲精品 | 米奇精品一区二区三区在线观看 | 亚洲第一国产 | 三黄日本三级在线观看 | 亚洲综合一二三区 | 日本福利在线观看 | 国产九九九九 | 日韩精品手机在线 | 欧美a站| chinese18 xxxx videos | 免费高清欧美一区二区视频 | 丁香婷婷久久 | 欧美αv| 国产亚洲精品久久久久久老妇小说 | a级淫片| 久久久国产一区 | 成人国产精品 | 久久小视频 | avtom影院入口永久在线观看 | 欧美综合成人 |