"If ZTE is truly considering selling its mobile handset business, then the potential end for the company is near", Earl Lum, the President of EJL Wireless Research, a consultancy and research firm based in the United States, said.
Somewhat bizarrely, Trump cited a loss of jobs in China as a motivating factor.
The Commerce Department recently barred ZTE from using US-made parts, effectively crippling its operations and leading to a shutdown of its factories.
Days after China's second largest telecom gear maker ZTE Corp. was slapped with intense U.S. sanctions that block American companies from selling components to the telecom equipment maker for seven years, now the U.S. President Donald Trump has had a change of heart.
Trump's reversal will likely have a significant impact on ZTE's US suppliers such as Qualcomm Inc and Intel Corp. "Commerce Department has been instructed to get it done!"
ZTE announced Wednesday that "the major operating activities of the company have ceased".
U.S. officials imposed the ban last month, saying ZTE failed to abide by an agreement to stop selling to Iran and North Korea.
Spokesmen for Zinke and Pompeo didn't immediately respond to a request for comment sent outside normal business hours.
ZTE paid over $100 million each to other United States suppliers in 2017 including chip makers Xilinx Inc and optical component company Acacia Communications and memory chip maker Sandisk, the ZTE official said.
Last week, the company said that its earnings have surged, reporting a 39 percent jump in net income for the first quarter.
"The company paid over US$2.3 billion to 211 U.S. exporters in 2017, a senior ZTE official said".
ZTE is not among Qualcomm's publicly disclosed largest customers, which include Apple Inc, Samsung Electronics Co Ltd and Chinese smartphone makers Oppo and Vivo. Last week, Telstra said it would stop sales of ZTE smartphones, though it indicated it was "hopeful that ZTE will be able to reach a resolution to this matter soon so that we can recommence selling Telstra-branded ZTE devices".
Before the U.S. components ban, ZTE was providing services for 100 million users in India, 300 million users in Indonesia and 29 million users in Italy, the official told Reuters.
For instance, MTN, a South Africa-based wireless carrier with 220 million customers throughout Africa and the Middle East, said the possibility ZTE would collapse forced the carrier to develop contingency plans.
Israeli Defense Forces issued a statement, saying that almost 5,000 protesters were part of "riots" along the Gaza-Israel border. Some 15,000 Palestinian rioters in the Gaza Strip took part in protests along the security fence with Israel on Friday.
The man said that numerous messages were threatening, including multiple death threats, and he wanted to press charges. She was booked into 4th Avenue Jail on threatening, stalking, harassment and failure to appear charges.
The Boston Celtics had physically and mentally messed with the 21-year-old Australian basketball prodigy over five games. The Eastern Conference Finals start Sunday and the Western Conference Finals start Monday.
On Saturday morning PM prayed at Muktinath temple and tried out the traditional drums along with the temple priests. It has been further reported that there will be a number of routes to be launched between India and Nepal .
Starting on the 12th hole of the first round, he went birdie-bogey-bogey-bogey-eagle-birdie-bogey to cap off a 73. I've been rolling it well, I just haven't been making any putts. "So if I want to keep it, I have to play well".
To use the feature, select a time for your phone to enter "Do Not Disturb" mode; the phone's screen will shift into grayscale. Google a year ago introduced a free utility called Family Link that lets parents control their children's Android use.
North Korea will publicly dismantle the Punggye-ri Nuclear Test Site in the next two weeks, according to state media. The summit will be the first meeting ever between a sitting United States president and the leader of North Korea.
Block 5 is the first iteration of the booster that is meant to be used in 10 launches with only minor refurbishing between uses. The "block 5" version of the craft features a number of design changes the company claims will improve performance and safety.
When a police officer arrived, he placed Wall in a chokehold before eventually taking him away in handcuffs. Wall's video - which was shared Wednesday on Facebook - has been viewed over 1 million times.
We have so many experiences, the play-offs, the final, some very big dips in the season, five defeats in a row. People said that lineup was not good, but we won. "Listen, my body shape is not how it has to be".
Thanos Lands in Fortnite, Gets Nerfed Immediately
It was a clever crossover that directors Joe and Anthony Russo began considering during the editing phase of Infinity War . Earlier this week, Epic Games introduced the limited-time Fortnite Thanos mode, complete with the Infinity Gaunlet.
You Can Now Buy Movie Tickets With Google Assistant
Tell your device "I'm Home " and it'll turn on the lights, set the temperature, turn on your TV, or even start a music playlist. The dinner reservation was extremely impressive , as the Assistant had to understand someone with a strong accent.
California first U.S. state to require solar on new homes
They estimate that for every $40 in monthly payments the energy standards increase, consumers will save $80 in energy costs . In the long-term, building more homes - soon with solar panels - could drive down living costs in the Golden State .
Buffett bashes bitcoin, gushes over Apple
For a day, the value of "digital gold " fell by 9% after a sharp statement by the head of Microsoft on CNBC to bitcoin . Shorting is a method of trade where you bet against the market going down and make profits on the inverse of trends.
Manchester City smash Premier League points record
Records tumbled as City took their goals tally for the campaign to 105, their points total to 97 and their number of wins to 31. David Silva and Raheem Sterling are also in double figures meaning they are the first team ever with four players at that mark.