|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.1100 - 3.1100|
|52-week range||1.7000 - 3.4500|
|Beta (5Y monthly)||0.55|
|PE ratio (TTM)||10.72|
|Forward dividend & yield||0.06 (1.87%)|
|Ex-dividend date||13 Apr 2023|
|1y target est||N/A|
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) -- 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
A U.S. appeals court on Wednesday affirmed a win for Apple Inc, HTC Corp and ZTE Corp against allegations that imports of their devices infringe wireless-technology patents. The companies' smartphones, smart watches, tablets and other LTE-capable devices do not violate INVT SPE LLC's rights in two patents originally owned by Panasonic, the U.S. Court of Appeals for the Federal Circuit said. INVT is a patent-holding company affiliated with investment funds managed by Fortress Investment Group LLC, a SoftBank Group Corp subsidiary.
Reuters and Dow Jones on Monday brought a motion to unseal records in the U.S. case against China's ZTE Corp, arguing there is a right to access and that secrecy does not serve the public interest. ZTE, one of the world's top telecommunications equipment makers, pleaded guilty in 2017 to conspiring to violate U.S. export laws by illegally shipping U.S. goods to Iran.