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On July 13, the US Department of Commerce issued an official communication to withdraw ZTE's ban. Chinese telecommunications giant Zte can return to doing business with US companies after fulfilling all the conditions signed in agreement with US President Donald Trump. Zte, therefore, is no longer included in the list of companies banned by the Commerce Department. The United States had decided to stop selling products from US suppliers to Zte to punish the colossus' decision to violate the embargo on Iran and North Korea.
Aquila arrives at the Joint Innovation Center of the Chinese Zte
After the end of the ban, Zte Italia is ready to leave with its range of technological products. Engaged in various projects in Italy, the company, led by Hu Kun, wants to face the market "with an even greater determination, aware of the importance of meeting the expectations of all its partners".
And he will accelerate the projects already undertaken to recover the lost time . "We are aware of the tremendous work to be done," said Hu Kun, Managing Director and President of Zte Western Europe. "And we will demonstrate once again on the ground that we are perfectly capable of innovating in Italy with advanced technology solutions and presenting new solutions and products that will stimulate the economy."
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Founded in Shenzhen, China, in 1985, Zte Corporation is one of the world's four largest telecommunications companies . It offers solutions to more than 500 operators in 160 countries and has more than 84,000 employees. Listed on the stock exchanges of Shenzhen and Hong Kong, it is a manufacturer of telecommunications components and mobile phones. It focuses on technological innovation as a core value of the company and invests at least 10% of its annual turnover in research and development activities.
In Tor Vergata, an advanced training center for professionals in the ICT sector
The operating result of the company is about 14 billion euros. The stock has increased 170% in recent years. It is at the forefront especially in the 4G and 5G sectors. In the European market for more than 15 years, he started his operations in Italy in 2005 through Zte Italy. In October 2017, Zte Italia changed its name to Zte Italia, to emphasize the strategic role that the country begins to badume in the plans of the Chinese multinational.
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