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2 Big Chinese Smartphone Makers Risks Ban From The US
Chinese biggest players in the Technology sectors, Huawei and ZTE could risk sales ban in the US as President Donald Trump plans to issue an executive order on their behalf.
According to recent headlines, the duo companies have faced much scrutiny because of their links with the Chinese government.
The US suspects that Huawei and ZTE are probably spying on Americans for the Chinese government. We don't know how true this is, but we are surely going to see the end of it.
If President Trumps succeeds with this executive ruling, vendors/suppliers of these equipment/products would face financial troubles as stocks could be ripped out. This is will indeed be a big blow to small scale enterprises into business with these firms.
Despite ZTE recently settling the US government to continue trade, they're likely to be blocked from carrying out sales in the States.
Apparently, more sanctions/restrictions on foreign companies could be on the rise as the American government is targeting businesses that are disrespectful about their citizens privacy.
In case you didn't notice, the ban on these companies would slack the release of some 5G enabled Smartphones that were about to brace the US markets.
Meanwhile Huawei and ZTE are yet to comment on this matter.
According to recent headlines, the duo companies have faced much scrutiny because of their links with the Chinese government.
The US suspects that Huawei and ZTE are probably spying on Americans for the Chinese government. We don't know how true this is, but we are surely going to see the end of it.
If President Trumps succeeds with this executive ruling, vendors/suppliers of these equipment/products would face financial troubles as stocks could be ripped out. This is will indeed be a big blow to small scale enterprises into business with these firms.
Despite ZTE recently settling the US government to continue trade, they're likely to be blocked from carrying out sales in the States.
Apparently, more sanctions/restrictions on foreign companies could be on the rise as the American government is targeting businesses that are disrespectful about their citizens privacy.
In case you didn't notice, the ban on these companies would slack the release of some 5G enabled Smartphones that were about to brace the US markets.
Meanwhile Huawei and ZTE are yet to comment on this matter.
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