China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese…
ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
HONG KONG (Reuters) – Shares of ZTE Corp and its American business partners took a hit on Tuesday after the U.S. Senate’s passage of a defense bill set up a…
Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) – China is yet to approve U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion acquisition of NXP Semiconductors (NXPI.O), three people close to the talks said, dismissing an…
Fed up with rising costs, big U.S. firms dig into healthcare
SAN JOSE, Calif. (Reuters) – At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its…
China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion…
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties on ZTE Corp (000063.SZ), despite strong bipartisan opposition to easing…
U.S. commerce secretary to press China to buy as allies seethe over tariffs
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross arrived in Beijing on Saturday aiming to secure more Chinese purchases of U.S. goods and energy, days after Washington intensified pressure in…
NXP shares fall as China’s warning revives concerns over Qualcomm deal
(Reuters) – Shares of NXP Semiconductors NV (NXPI.O) fell 5 percent on Wednesday after China’s latest warning against U.S. trade threats dulled hopes of an early approval by Beijing for…
Tencent chairman pledges to advance China chip industry after ZTE ‘wake-up’ call: reports
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a…
Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources
BEIJING (Reuters) – Qualcomm Inc (QCOM.O) is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion…