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Tencent chairman pledges to advance China chip industry after ZTE "wake-up" call, says report

Updated : May 28, 2018 12:20 AM IST

China's No.2 telecom equipment maker ZTE was banned in April from buying US technology components for seven years for breaking an agreement reached after it violated US sanctions against Iran and North Korea.
Tencent, which alternates with Alibaba Group to be Asia's most-valuable listed company, is the largest social media and gaming company in China and operates the popular WeChat app.
Tencent chairman pledges to advance China chip industry after ZTE
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