Washington regulators are debating a ban on Chinese telecom hardwire, but rural America may pay the price.
But ZTE will be hit with a $1 billion penalty.
Beijing has ambitious plans to end its dependence on U.S. semiconductors and other technologies.
The Chinese electronics manufacturer ZTE Corp. was on the brink of collapse after the U.S. government punished it last month for breaking American sanctions against Iran and North Korea. But in a sudden Twitter twist President Donald Trump says he’s now working to save ZTE. Click the audio player above to hear the full story.
A U.S. congressional committee is set to call for investigations against Chinese telecommunications company Huawei Technologies for alleged bribery and violations of U.S. immigration laws.