ZTE and Huawei under investigation

Posted on Monday, July 16 2012 @ 14:27 CEST by Thomas De Maesschalck
EE Times reports Chinese telecom firms ZTE and Huawei are under investigation by the US and Europe for deals with Iran:
With multiple investigations already underway in the U.S. and Europe targeting illegal sales to Iran by Chinese telecom giants ZTE and Huawei, reports surfaced in Friday (July 13) that the FBI is now probing whether ZTE sold U.S. computer equipment to Iran in violation of U.S. trade sanctions.

Citing a report on the Web site Smoking Gun, Reuters reported that a list of ZTE gear that was part of a $120 million contract included hardware and software made by Microsoft, HP, Oracle, Cisco, and Dell. The U.S. companies are not allowed to sell gear to Iran under U.S. export restrictions.

A Justice Department spokesman declined Friday to comment on the probe. Calls to the Commerce Department’s Bureau of Industry and Security, which enforces U.S. export controls, were not returned. The agency’s Web site lists several enforcement actions related to illegal technology exports to both China and Iran.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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