back to article ZTE drops spy tech subsidiary

Chinese telecoms kit maker ZTE has sold its majority stake in ZTE Special Equipment (ZTEsec) – a company that sells surveillance systems. The under-fire Shenzhen-based firm said in a little-publicised filing with the Hong Kong Stock Exchange at the end of September that it would “dispose of its 68 per cent equity interests” in …

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They're actually admitting breaking sanctions against Iran by selling them Communications Intelligence tech? Wow. I guess noone's told them that admitting it is in general much worse than denying it. Coming clean's kind of the dumber option.

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