US Department of Commerce probes ZTE over Iran tech sales
05/25, 6:36pm
ZTE allegedly sold embargoed US hardware to Iranian telecom
Chinese telecommunications equipment manufacturer ZTE is reportedly under investigation by the US Department of Commerce over alleged sales of embargoed US computer equipment to Iran. Commerce Department officials close to the investigation tell Reuters that the department is aggressively conducting its investigation, and fines for ZTE could range into the tens of millions of dollars.