Donald Trump, President of the United State of America has assured that the Chinese technology giant, ZTE will be rescued from any possible close down of its operations as a result of the sales ban of some critical technology to the company.
Trump gave the assurance via Twitter, saying he is working with President Xi Jinping of China to save telecom giant.
“President Xi of China, and I, are working together to give the massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs lost in China,” Trump said on Twitter handle @realDonaldTrump yesterday.
He also disclosed that he had issued instructions for officials to come up with a rescue plan, saying too many jobs were at risk.
ZTE had announced in a statement last week that it may be going out of business after it was hit by an American technology sales ban by the Trump administration.
ZTE’s fibre-optic networks depend on US components and its cheap smartphones sold en masse abroad are powered by US chips and the Android operating system.