Episode micro-network reported on July 15
On Friday night, the US Department of Commerce lifted the 89-day ban on ZTE. So far, ZTE has begun a full recovery.
Today, ZTE sent a letter to its partners expressing its gratitude to the customers for their understanding and support during the refusal. At the same time, ZTE said that the company will mobilize all resources to catch up with the progress.
In addition, according to a statement from an employee of ZTE Terminal, after the refusal of the refusal order in the early morning of July 14, ZTE terminal is fulfilling the contract order previously reached with Mexico. In addition, many ZTE employees confirmed that I have been working overtime at the company on weekends.
The employee from ZTE terminal said that ZTE's work is mainly focused on establishing normal contact with customers, supply chain recovery, and gradually resuming production and delivery of signed contracts. (Proofreading/group)
The following is the full text of the ZTE Partner Letter:
Dear partner,
The US Department of Commerce's Industrial Security Administration ('BIS') has signed a settlement agreement with ZTE Corporation and terminated the refusal order that was restarted on April 15. At present, ZTE is resuming its normal business activities.
During the refusal order, ZTE adhered to compliance requirements and communicated with the US government. During this period, it also received strong support from global operators, especially you and your company. For you and your company, we have always understood and strongly Support, we are deeply grateful!
In order to quickly restore the affected cooperative activities and to promote future cooperation in a smoother and smoother manner, ZTE will work with your company to accelerate the following tasks while ensuring compliance with applicable legal requirements:
First, it is recommended that both parties immediately confirm the affected cooperative activities together, determine the priority of the project, formulate detailed plans and promote implementation.
2. ZTE Corporation will fully resume the cooperative activities that were suspended or failed to be implemented during the refusal order.
Third, due to the refusal order and the delayed cooperation activities, ZTE will mobilize all resources to fully catch up with the progress.
4. ZTE Corporation will actively participate in cooperation activities with your company, including technical exchange, product testing and market development.
ZTE will continue to fully comply with export control compliance and continue to implement its export control compliance program to effectively protect the interests of both of us. ZTE is working hard to become a compliance leader not only in China but in the global industry. Since its establishment, ZTE has been adhering to core technology innovations and continuously strengthening R&D investment. At present, the company has accumulated a large number of core technology capabilities, enabling us to better serve our global customers.
We apologize for the inconvenience caused to you and your company. We will do our utmost to give back your understanding and tremendous support from you and your company during this time. We hope to continue to receive your and your company's support in the future. Let us join hands in creating a better future!
ZTE Corporation
July 14, 2018