China's ZTE apologizes after paying 'disastrous price' in U.S. sanction case

HONG KONG/SHENZHEN, China (Reuters) - The chairman of ZTE Corp apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.

from Reuters: Technology News https://ift.tt/2M8zuSn