ZTE fined more than $1 bln for U.S. sanctions busting

Chinese telecom equipment maker ZTE Corp has agreed to pay more than a billion dollars in fines and plead guilty to criminal charges for violating U.S. laws that restrict the sale of American-made technology to Iran and North Korea. Graham Mackay reports.

Subscribe: http://smarturl.it/reuterssubscribe
More updates and breaking news: http://smarturl.it/BreakingNews

Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial, national, and international news. For over 160 years, Reuters has maintained its reputation for speed, accuracy, and impact while providing exclusives, incisive commentary and forward-looking analysis.

http://reuters.com/
https://www.facebook.com/Reuters
https://plus.google.com/u/0/s/reuters
https://twitter.com/Reuters