ZTE Statement Regarding U.S. Department of Commerce's TGL Renewal

Release Time:2016-06-28
ZTE Statement Regarding U.S. Department of Commerce's TGL Renewal - ZTE Press Release

ZTE Statement Regarding U.S. Department of Commerce's TGL Renewal

Date:2016-06-28 ZTE Click:729
“We are very pleased by today’s decision. This  extension of relief reflects ZTE’s continuing efforts to fulfill its commitments to create a best-in-class compliance program.  It also recognizes ZTE’s determination to cooperate with authorities, resolve the ongoing investigation and share information as requested. This extended interim relief will enable ZTE to continue serving its customers, partners and suppliers in the U.S. as it works with authorities to enhance its compliance program and reach a permanent resolution.  ZTE is fully committed to complying with the laws and regulations of the jurisdictions in which it operates. We look forward to maintaining our relationships with hundreds of American companies and our continued investment in the U.S. and the global technology economy.”