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Right, because when a supplier for anything that has a massive market goes out of business, no one has ever come in to serve that market...

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Agreed. Their 3% market share would be arbsorded into Xiaomi, Samsung, and Huawei within months.

Imagine assets that could be bought at a discount.

Well sure lets put 28000 people out of their jobs. It's a perfectly good company with a bad management. Management is being replaced, fine is levied, enforcement is done to prevent future mistake, life goes on.

> lets put 28000 people out of their jobs

Minor correction: I keep seeing totals around 75,000 jobs[0] though I'm not sure if it includes all their subsidiaries[1] - some of which are classified as associates.

[0] https://www.statista.com/statistics/233051/number-of-employe...

[1] https://en.wikipedia.org/wiki/ZTE

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