InfoAnda - Exclusive: U.S. probes China's ZTE over tech sales to Iran |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Afghan troops battle Taliban militants in south | 29 January 2010
Five Italian police jailed over G8 summit riots | 11 December 2008
Iranian authorities demand halt to protests | 1 January 2010

Seoul shares end flat; exporters rise, banks fall =2 | 7 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Exclusive: U.S. probes China's ZTE over tech sales to Iran |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (5) Full Focus Editor's Choice Our best photos from the last 24 hours. See more Images of April Follow Reuters Facebook Twitter RSS YouTube Read Exclusive: Fidelity facing "thousands" hit by Facebook woes 24 May 2012 SEC shuts down $11-million Ponzi scheme 1:19pm EDT GLOBAL MARKETS-Stocks, euro fall as Europe dents sentiment 2:21pm EDT Facebook market makers' losses at least $100 million | 5:09pm EDT Protests planned after minister calls for gays to be fenced in 24 May 2012 Discussed 151 Exclusive: U.S. lets China bypass Wall Street for Treasury orders 118 Obama presses ailing Europe to focus on growth 93 ”Battleship” bomb may hit studio’s profits: analysts Watched A look at the UK’s most beautiful face Thu, May 10 2012 SpaceX Dragon in Space Station fly past Thu, May 24 2012 A novel way to relocate Thu, May 24 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Fleet Week The U.S. Navy takes Manhattan for a week. Slideshow The SpaceX mission A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station. Slideshow Exclusive: U.S. probes China's ZTE over tech sales to Iran Tweet Share this Email Print Related News Iran, big powers agree to hold more nuclear talks in June Thu, May 24 2012 Powers, Iran discuss detail of possible nuclear deal Wed, May 23 2012 IAEA chief says close to deal with Iran Tue, May 22 2012 No sign of breakthrough in U.N. nuclear chief's Tehran talks Mon, May 21 2012 U.N. nuclear chief hopeful on Iran deal before Baghdad meet Sun, May 20 2012 Analysis & Opinion Mike Lynch should try to buy Autonomy back JP Morgan’s reputation plunges Related Topics World » Cuba » Employees of ZTE chat on the roof of its headquarters in Shenzhen, Guangdong province, April 17, 2012. China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed U.S. computer equipment, documents show. Credit: Reuters/Tyrone Siu By Steve Stecklow WASHINGTON | Fri May 25, 2012 12:40pm EDT WASHINGTON (Reuters) - The Department of Commerce is investigating Chinese telecommunications equipment maker ZTE Corp for allegedly selling embargoed U.S. computer products to Iran. The investigation was launched following reports by Reuters in March and April that ZTE had signed contracts to ship millions of dollars worth of hardware and software from some of America's best-known tech firms to Telecommunication Co of Iran (TCI) and a unit of the consortium that controls it along with the Iranian regime. TCI is Iran's largest telecom carrier. "We've been pursuing it very aggressively," said a Commerce Department official. Investigators already have met with representatives of ZTE. A spokesman for ZTE, based in Shenzhen, China, declined to comment. The U.S. product makers - which included Microsoft Corp, IBM, Hewlett-Packard Co, Oracle Corp and Dell Inc, among others - have all said they were not aware of the Iranian contracts. The Commerce Department official said there is no evidence the American companies were complicit in the transactions. The U.S. companies either declined to comment about the investigation or did not respond to requests for comment. According to people familiar with the matter, some of the U.S. companies have received subpoenas requesting information about their dealings with ZTE and a Chinese trading company, Beijing 8-Star International Co, which also was a party to the Iranian contracts. According to contract documents, Beijing 8-Star was responsible for providing certain "relevant third-party equipments." One U.S. company received a subpoena in March requesting documents relating to "Sales to ZTE Corporation (any and all locations and offices to include but not limited to: U.S. locations, Hong Kong, China and Iran) and/or Beijing 8-Star International Company in Hong Kong or China," according to a person familiar with the matter. A representative of Beijing 8-Star could not be reached for comment. The U.S. has long banned the sale of American-made tech products to Iran. ZTE could face a variety of potential penalties, including fines of double the value of the U.S. products, according to the Commerce Department official. The department has penalized foreign companies in the past for U.S. sanctions violations. On Thursday, Reuters reported that the Panamanian subsidiary of Ericsson, the world's largest mobile-network equipment maker, had agreed to pay a $1.75 million penalty for violating U.S. export restrictions on Cuba between 2004 and 2007. The ZTE investigation is expected to take many months, the official said. Reuters reported on March 22 that ZTE had sold numerous American hardware and software products as part of a 98.6 million euro ($123.4 million) contract with TCI in December 2010. The products were listed in a ZTE parts list dated July 2011. They included HP computer parts and printers, Microsoft Windows software, Cisco switches, Dell flat-screen monitors, Oracle database products and Symantec Corp anti-virus software. The day after the article was published, a ZTE spokesman said the company would "curtail" its business in Iran. The company later issued a statement saying: "ZTE no longer seeks new customers in Iran and limits business activities with existing customers." Reuters also reported on April 10 that in June 2011, ZTE had agreed to ship millions of dollars worth of additional U.S. products, including IBM servers, to Aryacell, a unit of the consortium that controls TCI. The U.S. products comprised the bulk of an 8 million euro ($10 million) equipment-supply contract. In response, a ZTE spokesman said the company had decided "to abandon" the agreement after "we realized that the contract involved some U.S. embargoed products." Some of the U.S. companies have had partnerships with ZTE. But several said their agreements with foreign companies stipulate that their products cannot be distributed to embargoed countries. (Additional reporting by Sui-Lee Wee in Beijing. Editing by Michael Williams) World Cuba Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (5) DragonTattooz wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 26 May 2012
Syrian forces kill 50 in Homs province: opposition group |
Exclusive: U.S. probes China's ZTE over tech sales to Iran |
Qaeda-linked suicide bomber kills 12 in Yemen |
French left ahead in parliament vote: poll |
Turkmen leader sacks oil and gas minister |
Facebook options debut a wild card for volatility |
Dell-Quest deal possible over weekend: sources |
Facebook's market maker losses may top $115 million: sources |
They're here. They're geeks. Get used to it |
HP tries to stem Autonomy exodus after founder goes |
Corrected: Dish, TV networks take fight over ad zapper to judges |
Keira Knightley engaged to British rocker boyfriend |
Making France's Intouchables bankable in the U.S. |
Horror film Chernobyl Diaries draws some protests |
Brother of blind Chinese activist goes missing: lawyer |
Afghan parliament approves U.S.-Afghan security pact |
Muslim Brotherhood seeks unity ahead of Egypt runoff |
Lebanese Syria hostage release delayed, massacre claimed |
Bud weakens to storm off Mexico's Pacific coast |
Clinton to visit Scandinavia, Caucasus, Turkey |
Rooftop gunman kills one, wounds 8 in Finland |
Qaeda-linked suicide bomber kills 12 in Yemen |
Japan's Renesas eyes 14,000 job cuts, chip plant sale: Nikkei |
SpaceX capsule docks at space station, opens new era |
DigitalGlobe, GeoEye jump on nod for imagery funding |
Folk artist Doc Watson's responsive after surgery: agent |
Iran has enough uranium for 5 bombs: expert |
Putin puts Medvedev in charge of Russia's ruling party |
Greek pro-bailout conservatives regain lead: polls |
Israeli settler shoots Palestinian in West Bank |
Pope's butler charged over leaks scandal |
Muslims buried in Bosnia town, Serb veterans march |
Cannes gets happy ending with river film Mud |
Cannes' Middle East films show Arab Spring unfurl |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01