ZTE Could Face Over $1 Billion U.S. Penalty in Foreign Bribery Case
ZTE Corp, the Chinese telecom‑equipment giant, may soon be hit with a massive penalty from the U.S. government. According to recent reports, the possible fine could exceed US$1 billion under a pending foreign‑bribery investigation by the U.S. Department of Justice (DOJ). This news matters not only to ZTE but to the global tech world, regulators, and…