Exclusive: China's ZTE expected to plead guilty over Iran sales - source@offshore stockbroker | Stockbroker | Scoop.it

"Chinese telecom equipment maker ZTE Corp (000063.SZ)(0763.HK) is nearing an agreement to plead guilty to U.S. criminal charges and pay hundreds of millions of dollars in penalties over allegations it violated U.S. laws that restrict sale of U.S. technology to Iran, a person familiar with the matter said."