ZTE USA appointed Angela Simpson as vice president, US Government Affairs, where she will manage all of the company’s government relations and public policy matters in the United States.
ZTE to Plead Guilty and Pay $1.19 Billion to U.S. Government
In the case involving the shipment of U.S.-origin technology to Iran during the period of economic sanctions, ZTE Corporation agreed to enter a guilty plea and to pay a $430,488,798 penalty to the U.S. ZTE simultaneously reached settlement agreements with the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). In total ZTE has agreed to pay the U.S….