ZTE to Resume Trading After Settlement Agreement With U.S.

ZTE to Resume Trading After Settlement Agreement With U.S.

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the resumption of ZTE's share trading in Hong Kong and Mainland China after a long suspension due to US restrictions. These restrictions prevented ZTE from purchasing essential components from American suppliers, impacting their operations and revenue. The US Senate is considering legislation to reimpose these bans, despite a settlement by the Commerce Department that includes fines and management changes. The situation affects global telecommunications, especially with the shift to 5G networks. Additionally, the Qualcomm-NXP merger is influenced by these trade tensions, with Chinese approval contingent on ZTE's operational status.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences if ZTE cannot access American components?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does ZTE's situation have on other companies like Qualcomm?

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