ZTE responds to us ban: extremely unfair, capable and confident to deal with

category:Society
 ZTE responds to us ban: extremely unfair, capable and confident to deal with


On the 20 day, Yin Yimin, chairman of Zte Corp, held a press conference with senior executives at Shenzhen headquarters. Before the end of the survey, the industry and Security Bureau of the United States Department of Commerce has committed the harshest sanctions to the company, and we cant accept ZTE communications. in the morning of April 20th, the Zte Corp first responded to the killing order of the United States, which would not only be seriously endangered. And the survival of the company will also hurt the interests of all partners, including a large number of American companies. The US ban on ZTE is widely regarded as a sword for Chinas high-tech industry. But it is clear that the sword is double-edged, and it will also face Chinas counterattack. Zte Corp retaliate against the US ban: This is unacceptable. CNN (CNN) said, ZTE 20 issued a statement in the morning that the U. S. Department of Commerce this week the enforcement of the ban is extremely unfair, the company can not accept. The statement said, we will not give up efforts to solve problems through communication and dialogue, and are determined to safeguard their legitimate rights and interests through all the means permitted by law. This is the first time Zte Corp has made a public response after the US ban was released. The The Associated Press, the CNN, the New York Times, as well as the big media in the United States and the west, such as Agence France-Presse and New York Times, were the first to report ZTEs statement that did not accept American sanctions. Reuters said that the dispute was widely watched because of its sensitive period. The US ban on ZTE exacerbated trade tensions between China and the United States and increased fears of a full-scale trade war between the two countries. In China, the ban on ZTE has aroused patriotism in social media, and most of the domestic media and Internet users blamed the hassle of ZTE on the core technology that was heavily dependent on foreign countries, calling on the government to increase its support for the semiconductor and chip industries. At 3 p.m. that day, the Zte Corp held a press conference. Yin Yimin, chairman of ZTE, said, the U. S. ban may lead ZTE into a state of shock, causing direct damage to all employees, operators, consumers and shareholders of the company, and we firmly oppose it. Yin Yimin said, at the same time, we are seriously reflecting on it, and we need to increase investment in research and development. With sustained and healthy development of Chinas economy and huge domestic market, we have the ability and confidence to face challenges. Song Guoyou, deputy director of the American Research Center of Fudan University, told the global times 20 that the U. S. ban would have a great impact on ZTE, but shock is not dead, and it may bring great difficulties to ZTE in the short term, but then ZTE will continue to survive. In an interview with the Chinese media, the US Commerce Department news officer told the Chinese media that the ban on ZTE has no room for reversing or negotiating, and it is expected to wait until 7 years to reopen the negotiations. In this regard, Song Guoyou said that the US side has not relaxed yet, which shows that the US action is very strict, but it can not be said that there is no possibility of any change. At present, ZTE has made great efforts in compliance with the compliance of export control, and has taken various measures, including the involvement of the relevant Chinese departments and the legal complaint. Some analysts say that in fact, from the experience of ZTE, the ban on the United States can be discussed and it is possible to reconcile. ZTE has invested more than $50 million in export control compliance projects in 2017, according to the financial times. In a document submitted to the HKEx on 20, ZTE said: we will actively communicate and seek solutions through legal means. Media: the US sanctions scale is unusual. In recent days, the United States government made two consecutive punches to ZTE: on the 16 day of local time, the United States Department of Commerce ordered a ban on the sale of components and other products to ZTE for 7 years. On the 17 day, the Federal Communications Commission (FCC) banned the purchase of Chinese products from its own communications enterprises by 5:0. Xinghua is an enterprise.