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ZTE Corporation (ZTCOF)

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Reuters
U.S. House to vote on bill to address potential Huawei, ZTE threats
The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the U.S. government. The House said on Tuesday it will take up a bipartisan bill called the Countering Untrusted Telecommunications Abroad Act that would require the State Department to report on U.S. NATO allies and others using telecommunication equipment or services in their 5G networks from companies like Huawei and ZTE. "We need to redouble our efforts to protect our national security and interests, help our allies take vital measures for their own security, and stand firmly in defense of fundamental rights," said Representative Susan Wild, the Democratic sponsor of the measure.
Bloomberg
US Bans Huawei, ZTE Telecom Equipment on Data-Security Risk
(Bloomberg) -- Huawei Technologies Co. and ZTE Corp. were banned from selling electronics in the US by regulators who say they pose a security risk, continuing a years-long effort to limit the reach of Chinese telecommunications companies into US networks.Most Read from BloombergScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceStock Traders Cheer Powell’s Risk-Friendly Shift: Markets WrapNYC Becomes One Billionaire Family’s Haven From China Property CrashThese Are the Best and Worst