ZTE is getting a reprieve on its ‘death sentence’ today, as the US government has begun to ease the seven-year ban on American companies doing business with the Chinese company.
It’s a limited repeal of April 15’s Denial Order against the Shenzhen-based company , according to an authorization order put out by the US Department of Commerce.
This means ZTE will be able to fix existing networks and equipment, work to disclose cybersecurity vulnerabilities, and support phones already in the marketplace with software updates. ZTE also has the power for a limited transfer of funds.
Today’s Commerce order not only limits ZTE in the scope of what it can do (it can’t make and sell new smartphones, for example), but it also expires on August 1. That gives ZTE less than a month to fix and update software on existing equipment.
The end to the seven-year ban for ZTE seems to be in sight, however. US President Trump tweeted in May that he and China’s President