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ZTE Nears Deal to End U.S. Ban, but Customers Are Antsy; A preliminary agreement with the U.S. would allow the company to resume buying parts from American suppliers and restart factories, but challenges remain
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ZTE Nears Deal to End U.S. Ban, but Customers Are Antsy; A preliminary agreement with the U.S. would allow the company to resume buying parts from American suppliers and restart factories, but challenges remain
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ZTE Nears Deal to End U.S. Ban, but Customers Are Antsy; A preliminary agreement with the U.S. would allow the company to resume buying parts from American suppliers and restart factories, but challenges remain
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Trade Publication Article
ZTE Nears Deal to End U.S. Ban, but Customers Are Antsy; A preliminary agreement with the U.S. would allow the company to resume buying parts from American suppliers and restart factories, but challenges remain
2018
Overview
The firm relies on to build its phones and cellular equipment, including smartphone chips from Qualcomm Inc. and optical components used in base stations from smaller firms such as Maynard, Mass.-based Acacia Communications Inc. The company is now contending with blowback from customers, according to people familiar with the matter. ZTE's coveted U.S. smartphone business is also under threat, with the wireless carrier T-Mobile US Inc. last month telling ZTE it is walking away from an agreement, worth more than a billion dollars, to distribute ZTE smartphones and other gadgets in the U.S., according to people familiar with the matter. The company spent years building its brand there through advertising campaigns and cultivating relationships with wireless carriers.
Publisher
Dow Jones & Company Inc
Subject
