Home > News > PCB News > ZTE suffered heavy losses in t.....

News

ZTE suffered heavy losses in trade wars, PCB share price to limit the board to complain

  • Author:o-leading
  • Source:o-leading.com
  • Release on :2018-04-24
ZTE suffered heavy losses in trade wars, PCB share price to limit the board to complain

Pcb prototype manufacturer china

Yin Yimin, chairman of ZTE Corporation, announced recently that the US ban may cause ZTE to enter a state of shock, causing market doubts about the market prospects of China Netcom. The PCB plant with growth momentum of servers and Netcom market has become the hardest-hit area today, and many PCB manufacturers today have intraday stock prices. All were hit to the daily limit.

On the 16th, the U.S. Department of Commerce reopened Chinese companies because ZTE was accused of illegally selling goods to Iran. In violation of previous agreements with the U.S. government, U.S. companies were ordered to ban Chinese telecommunications equipment maker ZTE for 7 years. (ZTE) procurement of sensitive electronic components.
 
According to ZTE, Yin Yimin, chairman of ZTE Corporation, said that the US ban may cause ZTE to enter a state of shock and directly damage the interests of the company’s employees, operator customers, terminal consumers and shareholders all over the world; and ZTE is also 22 The re-issuance of the message announcement “Admitted to the wrong” on that day indicated that it will learn lessons and abide by the US ban, improve the framework and procedures for export control compliance, and will continue to communicate with relevant parties to seek solutions. 

Although ZTE has shown its sincerity in admitting mistakes, it will learn lessons from its past in export control compliance, and regards compliance as the cornerstone of its corporate strategy and the premise and the bottom line of its operations. It hopes to solve the US ban crisis, but the market is still worried that the ZTE event will impact. Netcom market demand.

If you want to know more information about PCBs, please click the link Cheapest PCB makers china.