US ban
US says WeChat ‘ban’ might impair messaging but will not draw criminal charges for users
Using the app to communicate won’t be a banned transaction, although messaging on it could be “directly or indirectly impaired” by the ban.
Huawei is laying off 60-70% staff in India, cuts revenue target for 2020
Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier
ZTE passes major hurdle to lift US supplier ban
The ban will be removed once the company deposits $400 million in an escrow account.
ZTE name new CEO in bid to lift US ban
ZTE named a former head of its Germany business, Xu Ziyang, as its new chief executive.
US allows ZTE transactions to maintain networks amid supplier ban
ZTE was forced to cease major operations in April after the United States slapped it with a supplier ban.
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