Zte+china+un

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Huawei, ZTE face EU 'illegal state subsidies' probe

Huawei and ZTE could face having to pay extra to import their products into the European Union, after regulators said they had gathered solid evidence that China had been subsidising them.Representatives from the EU's 27 member states were told by officials on Thursday in a closed-door meeting that the European Commission had amassed "very solid evidence" of illegal state subsidies of the companies, the The Financial Times reported on Friday.

May 28, 2012 by

ZTE

Founded in 1985 with ties to the People's Liberation Army, ZTE is based in Shenzhen, China, and has about 50,000 employees, of whom 8,000 are located in some 100 representative offices around the world.

November 27, 2008 by

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