Billion dollar fine, new management and “security guarantees” gains ZTE U.S. access

ZTE is back in business. The Chinese mobile phone and network equipment manufacturer paid $1.4 billion in fines and replaced its board of directors in order to make peace with the U.S. government. The federal commerce department effectively shut ZTE in May when it cut off access to U.S.-made products, including high end chips and key bits of the Android mobile operating system.
The problems began when the U.S. government accused ZTE of doing business with Iran and North Korea, in violation of U.S.… More
![By Revised by Reworked [Public domain], from Wikimedia Commons](https://www.tellusventure.com/images/2018/7/cash_in_hand.jpg)
![By 401(K) 2012 [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons](https://www.tellusventure.com/images/2017/5/piggy_bank.jpg)

![By Taken by fir0002 | flagstaffotos.com.au Canon 20D + Canon 70-200mm f/2.8 L (Own work) [GFDL 1.2 (https://www.gnu.org/licenses/old-licenses/fdl-1.2.html)], via Wikimedia Commons](https://www.tellusventure.com/images/2017/3/monopoly_board_625.jpg)


![By USFS Region 5 (Thomas Fire) [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0) or Public domain], via Wikimedia Commons](https://www.tellusventure.com/images/2018/5/thomas_fire_9dec2017_usfs.jpg)

