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: 国产精品国产a级 | 国产高清免费 | 国产精品一区二区三区四区 | 欧美黄 片免费观看 | 国产激情久久久久久熟女老人AV | 日一区二区三区 | 成人亚洲视频 | 色撸网 | 国产毛片视频 | 成年人福利 | 久热草在线 | 欧美国产日韩在线观看 | 特黄特色大片免费视频大全 | 精品一区二区久久久久久久网站 | 国产一级做a爰片在线 | 日本久久高清视频 | 九九热热九九 | 精品一卡2卡三卡4卡免费观看 | 免费无遮挡www小视频 | 精品久久一区 | 亚洲一区二区色情苍井空 | 奇米影视亚洲精品一区 | 国产在线观看91一区二区三区 | 在线a人片免费观看国产 | 亚洲福利一区福利三区 | 草草线在成年免费视频网站 | 韩日美无码精品无码 | 日韩 欧美 国产 亚洲 中文 | 668溜溜吧 | 欧美乱码精品一区 | 又大又粗进出白浆直流动态图 | 91视频免费网址 | 亚洲在线视频观看 | 5月婷婷6月丁香 | 久久伊人在 | 日韩在线观看中文字幕 | 亚洲国产精品一区二区第一页 | 国产欧美日韩综合精品一区二区 | 无遮挡羞羞视频 | 极色影院| 最新色图 |