China’s ZTE removed chief compliance officer before US sanction: source


  • TECH
  • Thursday, 19 Apr 2018

People walk in front of the ZTE stand at the Mobile World Congress (MWC), the world's biggest mobile fair, on February 27, 2018 in Barcelona. The Mobile World Congress is held in Barcelona from February 26 to March 1. / AFP PHOTO / LLUIS GENE

HONG KONG: ZTE Corp's chief compliance and chief legal officer was removed from his posts more than a month before the Chinese telecom equipment maker was slapped with US sanctions this week, a company source with direct knowledge of the situation told Reuters. 

The United States this week imposed a ban on American companies selling parts and software to ZTE for seven years, saying it had broken a settlement agreement with repeated false statements – a move that threatens to cut off the Chinese firm's supply chain. 

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