NEW YORK/HONG KONG—China’s embattled ZTE has received a temporary reprieve from the U.S. government to conduct business needed to maintain existing networks and equipment.
ZTE, which makes smartphones and networking gear, was forced to cease major operations in April after the United States banned U.S. suppliers from providing tech parts to the company, saying it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea.
