ZTE Gets a Lifeline in Taiwanese Chip Supplier

Mony
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HONG KONG—Taiwanese regulators authorized a key supplier of smartphone chips to resume sales to ZTE Corp., a boost for the Chinese telecommunications firm after its U.S. suppliers were barred from selling it parts.

The Taiwanese supplier, MediaTek Inc., won approval to resume exports of chips to ZTE, a MediaTek spokesman said Monday. The company supplies chipsets used in a number of ZTE smartphones, and while not a cure-all, analysts say a resumption of sales to ZTE restores an important part of ZTE’s supply chain.

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