ZTE, initially founded as Zhongxing Semiconductor Co., Ltd in Shenzhen, Guangdong province, in 1985, was incorporated by a group of investors associated with China's Ministry of Aerospace Industry. In June 2020, the Federal Communications Commission (FCC) designated ZTE a national security threat. The ban was lifted in July 2018 after ZTE replaced its senior management, and agreed to pay additional fines and establish an internal compliance team for 10 years. companies ( semiconductors) from exporting to ZTE for seven years. In April 2018, after the company failed to properly reprimand the employees involved, the U.S. technology to Iran and North Korea in violations of economic sanctions. In 2017, ZTE was fined for illegally exporting U.S. The company has faced criticism in the United States, India, and Sweden over ties to the Chinese government that could enable mass surveillance. ZTE primarily sells products under its own name, but it is also an OEM. ZTE's core business is wireless, exchange, optical transmission, data telecommunications gear, telecommunications software, and mobile phones. Founded in 1985, ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. ZTE Corporation is a Chinese partially state-owned technology company that specializes in telecommunication.

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