Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
U.S. probes China's ZTE over tech sales to Iran
Source: Reuters
Exclusive: U.S. probes China's ZTE over tech sales to Iran
By Steve Stecklow
WASHINGTON | Fri May 25, 2012 12:40pm EDT
(Reuters) - The Department of Commerce is investigating Chinese telecommunications equipment maker ZTE Corp for allegedly selling embargoed U.S. computer products to Iran.
The investigation was launched following reports by Reuters in March and April that ZTE had signed contracts to ship millions of dollars worth of hardware and software from some of America's best-known tech firms to Telecommunication Co of Iran (TCI) and a unit of the consortium that controls it along with the Iranian regime. TCI is Iran's largest telecom carrier.
[font size=1]-snip-[/font]
A spokesman for ZTE, based in Shenzhen, China, declined to comment.
The U.S. product makers - which included Microsoft Corp, IBM, Hewlett-Packard Co, Oracle Corp and Dell Inc, among others - have all said they were not aware of the Iranian contracts. The Commerce Department official said there is no evidence the American companies were complicit in the transactions.
[font size=1]-snip-[/font]
By Steve Stecklow
WASHINGTON | Fri May 25, 2012 12:40pm EDT
(Reuters) - The Department of Commerce is investigating Chinese telecommunications equipment maker ZTE Corp for allegedly selling embargoed U.S. computer products to Iran.
The investigation was launched following reports by Reuters in March and April that ZTE had signed contracts to ship millions of dollars worth of hardware and software from some of America's best-known tech firms to Telecommunication Co of Iran (TCI) and a unit of the consortium that controls it along with the Iranian regime. TCI is Iran's largest telecom carrier.
[font size=1]-snip-[/font]
A spokesman for ZTE, based in Shenzhen, China, declined to comment.
The U.S. product makers - which included Microsoft Corp, IBM, Hewlett-Packard Co, Oracle Corp and Dell Inc, among others - have all said they were not aware of the Iranian contracts. The Commerce Department official said there is no evidence the American companies were complicit in the transactions.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2012/05/25/us-zte-usa-investigation-idUSBRE84O0W420120525
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
