ZTE pleads guilty to violating Iran trade sanctions

March 27, 2017 | BY

Katherine Jo &clp articles

Chinese telecom equipment company ZTE has pleaded guilty to three counts in a Texas court and agreed to pay a $1.2 billion fine

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By Sue Reisinger, The National Law Journal

Chinese telecom giant ZTE Corp.pleaded guilty Wednesday to illegally shipping communications and surveillance equipment to Iran in violation of U.S. export controls, and agreed