08-06-2018 10:00 via feeds.reuters.com

China's ZTE apologizes, pledges reboot after U.S. reprieve

HONG KONG/SHENZHEN (Reuters) - The chairman of ZTE Corpapologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a ban that has crippled key businesses, including smartphones.
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