ZTE Pays Record $892m Fine for Shipping US Telecoms Equipment to Iran and N. Korea

The Chinese telecoms company ZTE has plead guilty to criminal charges of violating US sanctions on exports to Iran and North Korea.

It will pay a record fine of $892 million and will have to pay $300 million more if it violates the terms of the plea deal. 

From Washington Daniel Ryntjes.

IN: In 2012 media...

OUT: SOC

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