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China's ZTE to pay over $800 million to settle with U.S. over Iran sales: source

NEW YORK (Reuters) - China telecom equipment maker ZTE Corp has agreed to pay more than $800 million to settle with U.S. authorities over allegations it violated U.S. laws restricting the sale of American-made technology to Iran, according to a person familiar with the matter.

China's ZTE to pay over $800 million to settle with U.S. over Iran sales: source
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