huaweiThe organization's underlying liable supplication was gotten with together to $1.2 billion punishments and fines, alongside the expulsion of four senior representatives, alongside more aftermath for bring down level workers. Custom Leather Jackets
U.S. companies banned from selling components to ZTE
Why did not Lighhtreading publish the following story of the Chinese company ZTE yet? Is this NOT newsworthy? Bet what the other Chinese company Lightreading is too fond of muts be doing?
How can all Chinese vendors be trusted? ZTE already accepted that they are guilty. Is there any more discussion left? What competition are we talking about? These vendors know only one thing and that is to C****.
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 Entity List, made false statements during the reprieve it was given, and made false statements again during its probation," Commerce Secretary Wilbur Ross said in a statement provided to TechCrunch. "ZTE misled the Department of Commerce. Instead of reprimanding ZTE staff and senior management, ZTE rewarded them. This egregious behavior cannot be ignored."
A senior department official tells Reuters, in no uncertain terms, that the company, "provided information back to us basically admitting that they had made these false statements."
The penalty is steep, given that U.S. companies are believed to provide more than a quarter of the components used in ZTE telecom equipment and mobile devices. The list includes names like San Diego-based Qualcomm, which provides Snapdragon processors for the company's flagship devices.
The news arrives amid fears of a looming trade war between the U.S. and China. ZTE has also been repeatedly name-checked by U.S. intelligence officials over spying concerns, along with fellow Chinese smartphone maker Huawei — though ZTE has managed to make more inroads with U.S. carriers over the years, regularly showing up around fourth place in market share.
Hazy analyst forecastI like the sound of being a hazy analyst. I think it could be the next big thing after cloud and fog computing. Intent based networking was so last week. The future is hazy networking!
Re: Party of noneIs there hard evidence of how 90% redundancy is reached in five years or less? Or is this just some smack-talking that comes off with more than a hint of arrogance?
Re: Party of noneThat is what they are saying is technically possible. Whether it happens is up to the operators, they argue. In Europe I think the main barrier is cultural. Operators just aren’t in a position to cut jobs that fast and would be worried about such extreme automation, and there are labor union issues in some markets. If it can happen it probably will - just over a longer timeframe.
Re: Party of noneOn the one hand, it's hard to ignore a company that has almost single-handedly disrupted the telecom supply sector, whether for good or ill. On the other, saying that nine-tenths of the industry's network operations workforce will be gone in five years is more than a little hyperbolic.
I suppose you could always use a vendor contractor to fill the gaps when stuff does break ;)
Why did not Lighhtreading publish the following story of the Chinese company ZTE yet? Is this NOT newsworthy? Bet what the other Chinese company Lightreading is too fond of muts be doing?
How can all Chinese vendors be trusted? ZTE already accepted that they are guilty. Is there any more discussion left? What competition are we talking about? These vendors know only one thing and that is to C****.
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 Entity List, made false statements during the reprieve it was given, and made false statements again during its probation," Commerce Secretary Wilbur Ross said in a statement provided to TechCrunch. "ZTE misled the Department of Commerce. Instead of reprimanding ZTE staff and senior management, ZTE rewarded them. This egregious behavior cannot be ignored."
A senior department official tells Reuters, in no uncertain terms, that the company, "provided information back to us basically admitting that they had made these false statements."
The penalty is steep, given that U.S. companies are believed to provide more than a quarter of the components used in ZTE telecom equipment and mobile devices. The list includes names like San Diego-based Qualcomm, which provides Snapdragon processors for the company's flagship devices.
The news arrives amid fears of a looming trade war between the U.S. and China. ZTE has also been repeatedly name-checked by U.S. intelligence officials over spying concerns, along with fellow Chinese smartphone maker Huawei — though ZTE has managed to make more inroads with U.S. carriers over the years, regularly showing up around fourth place in market share.