zte

ZTE postpones earnings report after being slapped with U.S. exports ban

ZTE will postpone the release of its quarterly earnings report after the United States government banned American companies from selling goods to the Chinese telecom and smartphone maker. In a filing with the Hong Kong stock exchange, ZTE said that its earnings report, originally set to be released on Thursday, is now delayed to an undetermined date. About a year ago, ZTE pleaded guilty to violating U.S. sanctions against Iran and North Korea. Its deal with the U.S. government included penalties and fines totaling more than a billion dollars, but allowed it to continue doing business with U.S. suppliers. On Monday, however, the U.S. Department of Commerce announced that ZTE had failed to follow the agreement’s terms. It accused the company of making false statements and failing to punish e...

U.S. companies banned from selling components to ZTE

This time last year, Chinese electronics giant ZTE pled guilty to violating sanctions on Iran and North Korea. This morning, the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in a ban on U.S. component makers selling to ZTE.  The company’s initial guilty plea was met with up to $1.2 billion penalties and fines, along with the dismissal of four senior employees, along with more fallout for lower level employees. As part of the initial agreement, ZTE was allowed to continue to work with U.S. companies, assuming it adhered to the rules laid out in the agreement. The DOC, however, contends that ZTE failed to significantly penalize those employees. “ZTE made false statements to the U.S. Government when they were originally caught and put on the...

Rating the big smartphone makers at MWC 2018

Greetings for snowy Barcelona. Sure we’ve still got several days of Mobile World Congress ahead of us, but we’ve entered the point in the week when all of the big names have already wrapped up their press conferences and revealed their hands. With that in mind, this seems like the perfect opportunity to take a good look at how the industry’s big names fared at the show. Barring any sort of unforeseen circumstances, here’s a list of this week’s biggest winners and losers. HMD (Nokia): HMD scored a coup for a second year in a row, led by another nod to Nokia’s former successes. This time out, it was a return for the much loved Nokia 8110 Matrix slider, featuring 4G, a handful of big name social media apps and, yes, Snake. The company also unveiled a quartet of new Nokia Android phones and an...

ZTE will deliver the first Android Oreo (Go Edition) handset for the U.S. market in March

Things have been mostly quiet on the Android Go front since Google announced the low-power mobile operating system back in May — aside, of course, from an unexpected name chance to the decidedly less catchy. Android Oreo (Go Edition). One of the things that’s made the offering unique from the start, however, is that unlike most of these sorts of lite offerings targeted at the developing world, the stripped down version of Android won’t be skipping any markets, the U.S. included. Barcelona is bound to play home to number of [for brevity, let’s just call it] “Android Go” launches this week, but ZTE’s Tempo Go will have the distinction of being the first such handset to launch in the U.S. when it debuts next month. In fact, while the phone (or some variation thereof) is indeed destined for so...

ZTE brings premium features to its mid-range Blade line

ZTE’s one of those workhorse smartphone companies you don’t hear much about, aside from the occasional misguided flirtation with a bizarre form factor, a la the dual-screen Axon M. But the Chinese handset manufacturer still powers away and manages to produce some solid handsets at bargain bin prices. The company hasn’t officially announced pricing on the Blade V9 — though it did note in a meeting with TechCrunch last week that the handset will arrive at under $300. That’s the cutoff price point for the Blade line, with the more premium Axon tier running $400 and up. I played around with the phone a bit during the meeting, and can attest to the fact that it’s got a pretty solid build for the low-mid-range category. Both sides are made from glass, with a sort of rainbow treated version on th...

U.S. intelligence agencies are still warning against buying Huawei and ZTE phones

Things are still looking pretty bleak for Huawei’s plans to conquer the U.S. market. Earlier this week, half a dozen top members of intelligence agencies, including the FBI, CIA and NSA reaffirmed surveillance concerns about the company and fellow Chinese smartphone maker ZTE. All of this is nothing new, of course. The companies’ troubles date back at least as far back as 2012, when a House Intelligence Committee cited both as a potential security risks over close ties to the Chinese government. The following year, they were both barred from selling product to the U.S. government. FBI director Chris Wray echoed those concerns during a hearing Tuesday, stating, “We’re deeply concerned about the risks of allowing any company or entity that is beholden to foreign governments that don’t share ...