ZTE gets reprieve from US President

ZTE looks like it’s getting a chance to resurrect its business, thanks to help from the highest office in the United States. Last week, the China telecom giant announced that it had to cease business activities because of US sanctions on critical components.

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Broadcom’s takeover bid of Qualcomm takes broadside hit

Singapore-based Broadcom has been dealt a major blow in its takeover bid of Qualcomm. US president Donald Trump has issued an order against the US$117 billion deal.

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