At present, ZTE's full boycott by the U.S. Department of Commerce is undergoing continuous fermentation. Prior to this, ZTE had issued internal e-mails and hoped that employees could share the difficulties together. On April 19, ZTE announced to employees in the company and immediately stopped everything with the United States. Export ban related business.
The suspension of business related to the United States export ban is absolutely a pain for ZTE. Currently, for ZTE, its main businesses include base stations, optical equipment, and mobile phones. These businesses are fundamentally dependent on the United States. Chips. Although the mobile phone business will conduct a certain amount of inventory, ZTE's mobile phone chip inventory can only continue to adhere to 1 to 2 months. The information reported by China Gold indicates that if ZTE cannot reach a settlement during this period of time, it will Its business has a great impact.
Yesterday, as a result of the incident, 30 fund companies have significantly lowered the valuation of ZTE. Because the US Department of Commerce’s Bureau of Industry and Security cannot evaluate ZTE, ZTE can only postpone the first quarter report this year. The stocks that had been suspended from trading on April 17 are still suspended. It can be seen that this ban makes ZTE quite uncomfortable.
