On April 16, the U.S. Department of Commerce announced the implementation of an export sanction order against ZTE, which prohibits U.S. companies from selling any component parts, commodities, software and technology to ZTE within seven years. This is a reliance on ZTE’s US companies for its core components. No less than a disaster.
ZTE Axon M phone It should be noted that the Sanctions Order has the greatest impact on ZTE's mobile phone business. According to industry insiders, ZTE chip inventory only lasts for two months. There are also rumors that ZTE will be prohibited from using Google's authorized Android system.
On May 9th, some media reported that due to the impact of the US ban, ZTE or plans to sell the mobile phone business. The report stated that ZTE is promoting the sale of mobile phone business. The parties currently involved in the negotiations include Huawei, OPPO, Xiaomi and other companies.
ZTE Tmall flagship store At the same time, according to reports in the Nikkei Chinese Network today, ZTE has been forced to stop sales of smart phones in China. After a small series of actual measurement, the current ZTE official mall and Tmall ZTE flagship store both show 'website revision', unable to Orders are still available for purchase in Jingdong's ZTE official flagship store.
At present, ZTE Terminal has not commented on the sale of mobile business news and the suspension of mobile phone coverage.