Tag Archives: ZTE

Tonight’s Video Worth Sharing: Feds Dropped the Hammer on Huawei and ZTE, Will This Have Any Real Effect?

By Tim

Yesterday the U.S. Federal government pass a new appropriations bill for Nation Defense and included it it was the banning of federal employees, contractors, etc, for using ZTE or Huawei devices or components in government equipment.

Obviously the first thought is how will this affect these 2 Chinese tech giants?

In truth, this will have little to no effect on Huawei since without a direct USA carrier supplier they are still the number 2 smartphone selling mfg on earth!

ZTE may have a few issues figuring out ways to get its Axon9 into the US market. Time will tell, but neither of these companies will be hurting much due to the new legislation.

Below is a short video explaining the situation…

That is all for now, except please subscribe to our channel or click those big donation buttons on the website here!

Tim

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ZTE reportedly finalizing comeback deal with US government

By Timothy B. Lee

Enlarge (credit: Spencer Platt/Getty Images)

For the last month, Chinese smartphone giant ZTE has been largely shut down after the Trump administration banned US firms from selling it technology. But now, Reuters is reporting that ZTE has signed a preliminary deal that could allow ZTE to resume operations.

Reviving ZTE has been a personal focus for President Trump, whose government is in the middle of broader trade negotiations with the Chinese government. Last month, Trump tweeted that he was looking for a way for ZTE to “get back into business, fast” because there were “too many jobs in China lost” from ZTE’s shutdown.

According to Reuters, “the preliminary deal includes a $1 billion fine against ZTE, plus $400 million in escrow to cover any future violations.”

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Source:: Ars Tecnica


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Tonight’s Video Worth Watching: ZTE is Dead. Smartphone Manufacturer Annouces It Will Cease Operations

By Tim

So you might be thinking, okay, why would I care? Well ZTE was the 4th largest smartphone seller in the USA last year and now due to government sanctions on the export of chips and software to them, the Chinese manufacturer has announced it will shut down operations.

Okay, you say, but I still don’t care? Ah yes grasshopper, you are failing to see the big picture here. ZTE made some really cool phones the last few years, like the Axon 7 with awesome front facing sound and a  Qualcomm Snapdragon 820 processor . They also recently put out the first fold-able 2 screen smartphone, the Axon M.

Both of these devices were in the $400-$700 range.

Now that they will no longer be supported, it appears that logically sellers will be looking to unload them at much lower prices! AT&T, Verizon ,Straight-talk and even T-Mobile offer ZTE phones and I expect to see them unloading them at fire sale prices.

You can read the full story on how ZTE ended up where it is today at this link.

Below you will find our latest video with a nice short, succinct explanation of this whole story.

That is all for now except that usual request to donate to our site and visit our new YouTube channel!

Tim

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This site formerly ran on either a Chuwi HiBook tablet or occasionally my Chuwi Hi12 tablet. Check the About page for details. Don’t miss our new YouTube Channel!

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The Trump administration just forced smartphone maker ZTE to shut down

By Timothy B. Lee

Enlarge / New ZTE Blade V9 at a ZTE stand during the Mobile World Congress Day 2 on February 27, 2018 in Barcelona, Spain. (credit: Joan Cros/NurPhoto via Getty Images)

One of the leading Chinese smartphone makers, ZTE, is shutting down global operations in the face of crippling sanctions levied by the US government. ZTE is China’s number-two smartphone maker, and as recently as last year it was the number-four smartphone vendor in the US.

“The major operating activities of the Company have ceased,” ZTE wrote (PDF) in a Wednesday announcement to stock market traders in Hong Kong.

ZTE’s business became untenable after a US government order banned American companies from exporting technology to the Chinese smartphone maker. ZTE is heavily dependent on US-made components, especially Qualcomm chips and Google’s Android software stack.

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Source:: Ars Tecnica


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