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ZTE says export ban will ‘severely impact’ its survival
2018-04-20T18:23:29Z - Brian Heater / TechCrunch
It’s been a hell of a week for ZTE. News Monday that it was being hit with a seven-year export ban sent the company scrambling. Four days after we first reached out, ZTE has finally offered us an official reaction to the news. “The Denial Order will not only severely impact the survival and development of ZTE,” the company says, “but will also cause damages to all partners of ZTE including a large number of U.S. companies.” ZTE adds that it will continue to fight the ruling, taking “judicial measures,” if necessary. The punishment comes as ZTE finds itself targeted by the U.S. government over spying charges, alongside fellow Chinese handset maker, Huawei.

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