ZTE lost 500 billion, and Chinese consumers returned apple to zero.
if you are interested in it ,
Get free samples :sales@edabearings.com
In history, it should be a precedent for a big company without ZTE to be shocked by technological war. Some people do not know the seriousness of the matter, thinking that sales are falling somewhat. For example, it was thought that a further penalty of 300 million dollars was continued, and others saw the so-called British investment bank assessment reported by BBC, saying that the 2018 ZTE turnover would fall by 13.5%, and in 2019 it would only be reduced by half and 7.6%.
According to Yin Yimin, President of the April 20th Zhongxing press conference, "such sanctions will immediately enter the state of shock, which will directly affect the working rights of the 80 thousand employees of the company and directly harm the interests of the 80 thousand families". According to ZTE's friends and family members, ZTE is indeed in shock, and the supply chain and R & D production have stopped waiting for the result. ZTE 80 thousand staff has 60 thousand R & D, and 100 billion of the business a year, so paralyzed.
Immediate shock should be true and can be explained. EDA software (used to design chips) Company Cadence stop ZTE service, Intel and Broadcom break up Zhongxing, this is what has happened. Android is open source code, ZTE mobile phone can still be used, not as some media described can not be used, but Android mobile license license will be a problem. Are you a ZTE supplier at home and abroad, dare you ship it to ZTE? If there is a delay in payment, it is almost impossible, unless it is paid. Is ZTE dared to use cash to order? What are the goods used for? The whole supply chain must be full stop. Forbes predicts that ZTE will apply for bankruptcy within weeks, which can not be ruled out. Only when entering bankruptcy protection can some contracts be said.
PREVIOUS:Iran said that if the United States withdrew from the nuclear agreement, Iran's NEXT:HAC's holding of Deutsche Bank to 7.9%