Sections
Shows
Department Of Commerce
Recent Highlights
All Stories for Department Of Commerce
US bans American companies from selling components to China's ZTE for seven years
•American companies are estimated to provide 25% to 30% of the components used in ZTE's equipment, which includes networking gear and smartphones.
The Indian government has imposed 10 percent basic custom duty on mobile phones
Tech2 News Staff •The government has imposed a 10 percent basic customs duty (BCD) on cellular mobile phones and specified parts of cell phones like charger, battery etc.
Chinese smartphone maker ZTE pleads guilty, settles with U.S for $892 million
Fp Archives •Chinese telecom equipment maker ZTE Corp has agreed to pay $892 million and plead guilty to criminal charges for violating U.S. laws that restrict the sale of American-made technology to Iran and North Korea.
United States had $1.7 billion trade deficit with India in March
•The US had a trade deficit of USD 1.7 billion with India and of USD 26 billion with China in the month of March, according to official figures.
