ZTE will replace three executives: step down CEO Mr Shi-ZTE, ZTE-IT information
The morning of April 3, Beijing time news, according to the Wall Street Journal reported that people familiar with the matter said, ZTE Corporation, the Board of Directors will meet next week, replacing three executives, including the CEO, hope was charged under United States embargo policy take this restore the company′s reputation.
People familiar with the matter said, beginning in 2010 as the ZTE CEO Shi lirong, Executive Vice President Tian Wenguo and Qiu Weizhao, and the company will quit. CTO Zhao Xianming is expected to become Chairman and CEO of the company.
ZTE Corporation, the Board of Directors is scheduled next Tuesday and met on Wednesday to discuss and approve the management changes in 2015 and financial performance. Due to United States Department of Commerce last month, accuse the resurgence of United States Iran embargo policy imposed by the State and to impose trade sanctions, cause the company to postpone the release of the results.
However, the United States Department of Commerce recently reached an agreement with ZTE, decided to suspend the sanctions. People familiar with the matter said, as part of the agreement, ZTE will be involved in the violation of official removed from Office.
United States Government awarded a ZTE 2011 internal documents show that Tian Wenguo and Qiu Weizhao was responsible for the appointment of this illegal plan. The document also detailed the ZTE used shell companies to Iran plans for selling embargoed products.
ZTE didn′t make top executives for comment.
United States Department of Commerce, said as long as ZTE to comply with United States Government commitments will lift trade sanctions on the company for the time being. Under the sanctions, ZTE will be unable to United States companies purchase of it hardware and software products. It also triggered strong dissatisfaction of the Chinese Government.
ZTE about 80,000 employees worldwide, and is an important supplier of telecommunications network equipment. In recent years, the company′s Smartphone business in the United States has achieved impressive growth. According to the market research firm Canalys estimated that ZTE with 7.2% shares, second only to Apple, Samsung and LG fourth-largest think tank expert manufacturers across the United States.
ZTE′s management changes indicate that the company wants to continue developing the business. People familiar with the matter said, after the delayed earnings report last month, ZTE′s annual report will be announced next Wednesday. On March 7 in the Hong Kong Stock Exchange suspended shares of ZTE is expected to resume trading next Thursday.
People familiar with the matter said last month suspended shipping to ZTE′s parts suppliers have started to ship. ZTE also plans to release new Axon 2 flagship smart phone in mid-May.
ZTE announcements in January this year said 2015 44% or growth in net profit to reach 3.79 billion yuan (583 million dollars), revenues will grow 24%, reached 100.8 billion yuan.
Analysts say the longer the trade ban, it more likely it will have catastrophic implications for ZTE.
On March 8, the United States Government sanctions to take effect the same day, Shi lirong, ZTE staff are issued in a letter going to describe this as a "crisis" and said the company would set up a team of executives to deal with the matter. Professional trade lawyers said that the sanctions will not only limit the ZTE purchasing United States production of spare parts, and on the use of United States technology affect parts in overseas production.
传中兴将撤换三位高管：CEO史立荣下台 - 中兴,中兴通讯 - IT资讯
北京时间4月3日上午消息，据《华尔街日报》报道，知情人士透露，中兴通讯董事会将于下周开会，撤换包括CEO在内的三位高管，希望在被控违反美国禁运政策后借此重塑公司声誉。
知情人士表示，2010年开始担任中兴CEO的史立荣，以及该公司执行副总裁田文果和邱未召都将离职。该公司CTO赵先明有望出任CEO兼董事长。
中兴通讯董事会计划于下周二和周三开会讨论和审批管理层调整事宜，以及2015年的财务业绩。由于美国商务部上月指责中兴违反美国对伊朗等国施加的禁运政策，因而对其实施贸易制裁，导致该公司推迟发布了业绩。
不过，美国商务部最近与中兴达成了协议，决定暂时取消制裁。知情人士透露，作为这项协议的一部分，中兴将参与这项违规行为的高官撤职。
美国政府获得的一份中兴2011年的内部文件显示，田文果和邱未召当时被任命此项违规计划的负责人。该文件还详细披露了中兴通过壳公司向伊朗出售禁运产品的计划。
中兴没有让相关高管发表评论。
美国商务部表示，只要中兴遵守向美国政府做出的承诺，便可暂时取消对该公司的贸易制裁。根据这项制裁，中兴将无法向美国公司采购科技硬件和软件产品。这也引发了中国政府的强烈不满。
中兴在全球约有8万员工，是重要的电信网络设备供应商。最近几年，该公司的智能手机业务在美国实现了不俗的发展。根据市场研究公司Canalys的测算，中兴以7.2%的份额，成为仅次于苹果、三星和LG的全美第四大智能手机厂商。
中兴此番调整管理层表明该公司希望继续发展相关业务。知情人士表示，在上月推迟发布财报后，中兴将于下周三公布年报。而3月7日在港交所停牌的中兴股票则有望于下周四复牌。
知情人士表示，上月暂停向中兴发货的部分零部件供应商已经开始重新发货。中兴还计划在5月中旬发布新款Axon 2旗舰智能手机。
中兴今年1月发布业绩预告称，2015年的净利润或将增长44%，达到37.9亿元人民币(5.83亿美元)，营收则会增长24%，达到1008亿元人民币。
分析师表示，这项贸易禁令实施的时间越长，就越有可能给中兴造成灾难性的影响。
3月8日，也就是美国政府的制裁生效的当天，史立荣在发给中兴员工的信中将此事描述成一场“危机”，并表示该公司将组建一支高管团队来处理此事。专业贸易律师表示，此项制裁不仅会限制中兴采购美国企业生产的零部件，还会对使用美国技术在海外生产的零部件产生影响。