ZTE Corp. said Wednesday a U.S. judge has allowed a probation period to end after the telecom equipment maker was nearly destroyed in a clash with Washington over its dealings with Iran and North Korea.
In 2018, then-President Donald Trump barred ZTE’s access to American components amid rising tension with Beijing over technology and security. The company had pleaded guilty the previous year to shipping equipment to Iran and North Korea in violation of U.S. rules and agreed to pay a $1.2 billion fine.
