On July 5, ZTE’s export ban was temporarily lifted, and the lifting period is expected to last from July 2, 2018 to August 1, 2018. In addition, the seven-year ban on ZTE was officially cancelled. The ban has had a huge impact on ZTE, but the company said its core value has not been lost, and its capital inflows are still orderly.
Ban cancellation
At the just-concluded ZTE stakeholder meeting, the company said it is one of the few companies in the world that can provide a complete 5G end-to-end solution, including wireless, wireline, core network, cloud computing, etc. . Therefore, it will rely on the upcoming 5G era to return to glory. The company said that most of its research and development has not been seriously affected by the ban, and the company is confident that it will return to normal within a short period of time after the ban is lifted.
ZTE now hopes to rely on 5G technology to rebuild its reputation
At present, ZTE has made good progress in 5G network architecture design, high frequency communication and IoT integration. In terms of 5G network chips, ZTE also has 7nm process design and development capabilities. It also has the industry's largest 5G vector multiprocessor high performance baseband chip.
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