ZTE Corp News

US President Donald Trump pledged on Sunday to help ZTE Corp "get back into business, fast" after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week.

US President said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp.

The US Commerce Department will remove Chinese telecom equipment maker ZTE Corp from a trade blacklist after the company admitted to violating sanctions on Iran, the Commerce Department said in a notice made public on Tuesday.

Chinese telecommunications equipment maker ZTE Corp said on Friday it has struck a deal with SoftBank Corp to deploy its "pre-5G" technology in Japan, with a commercial trial to begin early next year.

Chinese telecom gear manufacturer ZTE Corp has published a letter accusing Huawei Technologies Co Ltd of copying its camera technology and threatened legal action, a sign that smartphone patent battles have begun in earnest in China.

Chinese smartphone maker ZTE Corp plans to invest 1.5 billion yuan ($240 million) in wireless charging technology for vehicles in 2015 and more than 2 billion yuan next year, a senior executive told Reuters on Thursday.

Shenzhen-based ZTE, which shipped about 40 million smartphones last year, also aims to ship about 100 million in 2016.