ZTE agreed to pay an additional $1 billion,
replace its executives and be scrutinized by
U.S.-appointed monitors to regain access to U.S.
technology. The company sells smartphones and
network equipment that use American processor
chips and other technology.
The company, headquartered in the southern city
of Shenzhen, said its probation ended as planned
Tuesday after a federal judge in Texas declined to
take further action.
ZTE promised in a statement to make compliance
with laws and regulations “the cornerstone of its
strategic development.”