Hou Weigui, the founder of ZTE Corporation, went to the mountain for the sanctions case.

On the evening of April 18, a micro-network message was reported on the back of a ZTE’s founder, Hou Weigui’s airport, in a circle of friends. For the violation of the U.S. government’s sanctions ban, ZTE’s sanctions on the U.S. have already been restored. When he heard the news, Hou Weigui, the founder of ZTE Corporation, immediately began to run around for this matter. In the photo, he and two other ZTE executives pushed their suitcases to pick up their luggage at the airport. The industry figures said that the reverence of the old gentleman made people feel back. Moving, I hope ZTE will live.

From left to right, Chairman Yin Yimin, Founder Hou Weigui, and President Zhao Xianming Source: @ Snail Technology

Sun Changxu, a partner of Xiaomi Industry Investment Department, said in a circle of friends that it is useless to say anything. Only 'adopting' is useful. Undoubtedly, many domestically produced devices will pay more than imported devices, so the company The decision-makers must reward this kind of effort before they can really encourage the use of domestically produced devices. Other capital operations cannot fundamentally help the Chinese core, but only make the capital market crazy. The road is long and may be implemented in a certain proportion. Localized device purchase quota is one direction. Xiaomi Industry Investment Department aims to help Chinese core, help Chinese core to be adopted, and help Chinese core to grow.

On the evening of April 16, Beijing time, the US Department of Commerce announced that it prohibited US companies from selling components and parts to Zhongxing. The deadline was seven years. In addition, the US Department of Commerce’s Bureau of Industry and Security also fined ZTE with a fine of US$300 million. Previous media reports The plight of China's smart phone maker ZTE further intensified. In addition to the possibility of cutting its sales, the export ban from the United States may also prevent ZTE from using Google’s Android operating system in its devices. ZTE stated that the company In communicating with the U.S. government authorities on this matter, hoping to reduce the impact of this incident, it is difficult to predict the outcome of the incident.

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