ZTE

According to optical analyst firm LightCounting’s updated Market for Optics in China report, China has had a greater impact on the global optical communications industry than any other country over the last decade.

Huawei has issued a statement confirming that a ban is in place, preventing the company from providing 5G to the Australian market, in a move it calls ‘politically motivated’ rather than in the ‘long-term interests of the Australian people.’

A denial of export order which banned Chinese telecommunications equipment and systems supplier ZTE from doing business with American firms has been lifted.

The Department of Commerce’s Bureau of Industry and Security (BIS) is allowing ZTE to conduct business on a limited scale in a relaxation of the denial order placed on the company earlier this year.

LightCounting has released its June 2018 Quarterly Market Update Report. Amongst the key findings, the specialist market research company cites ZTE as ‘an early casualty of the unfolding trade war’ and warns that some sales will be impacted in Q2 of 2018.

Chinese telecommunications equipment and systems supplier ZTE has ceased its major operating activities following a denial of export privileges against the company from the U.S. Department of Commerce’s Bureau of Industry and Security (BIS).

U.S. secretary of commerce Wilbur L. Ross, Jr. has announced a denial of export privileges against ZTE from the Department of Commerce’s Bureau of Industry and Security (BIS).