Violation Tracker Individual Record
: Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd.
Current Parent Company
Parent at the Time of the Penalty AnnouncementPenalty
to see this data field
: June 8, 2018
: competition-related offenses
: export control violation
: ZTE was required to pay $1 billion and put $400 million in escrow after BIS learned that the company had not complied with certain terms in a March 2017 settlement.
Level of Government
: agency action
: Bureau of Industry and Security
Civil or Criminal Case
HQ Country of Current Parent
Ownership Structure of Current Parent
: publicly traded
Major Industry of Current Parent
Specific Industry of Current Parent
Source of Data
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Current parent company note
: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log