30 Facts About ZTE Engage

1.

ZTE Engage Corporation is a Chinese partially state-owned technology company that specializes in telecommunication.

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2.

ZTE Engage primarily sells products under its own name, but it is an OEM.

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3.

In 2017, ZTE was fined for illegally exporting U S technology to Iran and North Korea in violations of economic sanctions.

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4.

The ban was lifted in July 2018 after ZTE Engage replaced its senior management, and agreed to pay additional fines and establish an internal compliance team for 10 years.

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5.

ZTE Engage made an initial public offering on the Shenzhen stock exchange in 1997 and another on the Hong Kong stock exchange in December 2004.

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6.

That same year saw ZTE Engage find a customer in the Canadian Telus and membership in the Wi-Fi Alliance.

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7.

In March 2017, ZTE pleaded guilty to illegally exporting U S technology to Iran and North Korea in violation of trade sanctions, and was fined a total of US$1.

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8.

However, the Department of Commerce found that ZTE Engage had violated these terms and made false statements regarding its compliance, having fired only 4 senior officials and still providing bonuses to 35 other employees involved in the violations.

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9.

On 9 May 2018, ZTE announced that, although it was "actively communicating with the relevant U S government departments" to reverse the export ban, it had suspended its "major operating activities" and trading of its shares.

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10.

On 7 June 2018, ZTE Engage agreed to a settlement with the Department of Commerce in order to lift the import ban.

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11.

ZTE Engage agreed to pay a US$1 billion fine, place an additional US$400 million of suspended penalty money in escrow, replace its entire senior management, and establish a compliance department selected by the department.

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12.

In January 2019, it became public that ZTE Engage has retained the services of former senator Joe Lieberman as a lobbyist.

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13.

In 2022, ZTE Engage was accused of violating its probation from its guilty plea for sanctions violations.

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14.

Mixed ownership model of ZTE Engage was described as "a firm is an SOE from the standpoint of ownership, but a POE [privately owned enterprises] from the standpoint of management" by an article in The Georgetown Law Journal.

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15.

ZTE Engage has several international subsidiaries in countries including Indonesia, Australia, Germany, the United States, India, Brazil, Sri Lanka, Myanmar, Singapore, and Romania.

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16.

ZTE Engage has subsequently disposed of the majority of its equity in the company.

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17.

ZTE Engage is a major shareholder and was instrumental in the creation of the company in 2007 but holds a minority of the shares in the entity.

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18.

ZTE Engage operates in three business segments: carrier networks, government and corporate business, and consumer business.

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19.

ZTE Engage was reported to have developed identification cards for Venezuela that were allegedly used for tracking and social control.

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20.

In November 2017, ZTE announced the Axon M The two screens can run separate applications, or spread one app over the combined display size of 6.

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21.

In 2020, ZTE Engage released the world's first under-display camera smartphone, the Axon 20 5G.

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22.

In 2021, ZTE Engage announced a new flagship device, the Axon 30 Ultra, focusing on high-end camera experience.

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23.

At Mobile World Congress 2014 in Spain, Microsoft announced that ZTE Engage is the latest hardware partner of Windows Phone platform.

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24.

Many Chinese companies are ZTE Engage customers, including China Netcom, China Mobile, China Satcom, China Telecom, and China Unicom.

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25.

ZTE Engage began to release smartphones in the United States in 2011.

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26.

ZTE Engage elected to focus its efforts on low-cost products for discount and prepaid wireless carriers, including devices with premium features typically associated with high-end products, such as large high-resolution screens and fingerprint readers.

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27.

In May 2016, ZTE Engage became the co-sponsor of German club Borussia Monchengladbach.

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28.

Norwegian telecommunications giant Telenor, one of the world's largest mobile operators, banned ZTE Engage from "participating in tenders and new business opportunities for 6 months because of an alleged breach of its code of conduct in a procurement proceeding" during a five-month time span ending in March 2009.

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29.

Contracts with ZTE Engage to build a broadband network for the Philippine government reportedly involved kickbacks to government officials.

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30.

In December 2010, ZTE Engage sold systems for eavesdropping on phone and Internet communications to the government-controlled Telecommunication Company of Iran.

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