LUCKY LOT: The Japanese could be getting a taste of 5G speeds with the "pre-5G" technology ZTE is planning to roll out by 2020 in Japan with partner Softbank.
LONDON: The US Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp for alleged violations of US export controls on Iran, according to documents seen by Reuters.
The restrictions will make it difficult for the company to acquire US products by requiring ZTE's suppliers to apply for an export license before shipping any American-made equipment or parts to ZTE. According to a Commerce Department notice that will be published next week in the US Federal Register, the license applications generally will be denied.
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