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China's ZTE paid over $2.3 billion to US exporters last year, company source says

Updated : May 12, 2018 10:30 AM IST

ZTE paid over $100 million each to Qualcomm Inc, Broadcom Inc, Intel Corp and Texas Instruments, the official said.
In March last year ZTE paid nearly $900 million in penalties for exporting U.S. technology to Iran and North Korea in violation of sanctions.
China requested that President Donald Trump back off his threat of tariffs on Chinese imports, treat Chinese investments equally under U.S. security reviews, and reassess the ban on ZTE.
China's ZTE paid over $2.3 billion to US exporters last year, company source says

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