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. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

NatWest CEO sees 'material opportunities' in AI
Trump poised to clinch $1.3 billion social media company stock award
Amazon launches low-cost grocery delivery subscription plan in US
Spotify's monthly user numbers miss estimates on lower promotions
Adobe to bring full AI image generation to Photoshop this year
Tesla shares edge higher ahead of quarterly results
TikTok risks fines as EU issues ultimatum over app launch
TikTok’s crackdown on Ozempic influencers threatens weight-loss drug hype machine
China’s cheap EVs redraw the map of where cars get made
Microsoft introduces smaller AI model

Others Also Read