ZTE (ZTCOF) said it has submitted a request for the US Commerce Department to put on hold an order forbidding American firms from selling parts and providing services to it.
The Chinese company, which sells smartphones and telecommunications equipment around the world, has found itself caught up in a tense US-China trade fight.
The Commerce Department said it slapped the seven-year export ban on ZTE because the Chinese company lied to American officials about punishing employees who violated US sanctions on North Korea and Iran.
But the crackdown has been widely interpreted as part of a broader push by the United States to stifle China’s tech ambitions.
ZTE is not officially part of the dispute over intellectual property that’s fueling the US-China trade clash, but it “represents the same nexus of tech and national security issues,” Eurasia Group director Evan Medeiros wrote in a research note last week.
Related: China says ‘big differences’ remain after US trade talks
Beijing specifically brought up the restrictions on ZTE during high level trade talks between US and Chinese officials last week. The Chinese government said it lodged “solemn representations” with the United States over the ban.
ZTE has said the US export ban is a massive disruption to its business, with Chairman Yin Yimin calling it unfair and unacceptable. The company relies on US firms for key smartphone components, including microchips from Qualcomm (QCOM) and glass from Corning (CNIG).
ZTE said in its latest statement, which was filed late Sunday with the Hong Kong stock exchange, that it has submitted additional information required by the Commerce Department.
The Commerce Department did not respond to a request for comment outside of business hours.
US concerns over Chinese tech and national security are a recurring problem for ZTE and Huawei, another huge Chinese company that makes smartphones and telecommunications equipment.
In February, US intelligence agencies warned Americans against buying ZTE and Huawei phones, saying the companies posed a security threat to American customers.
Huawei is effectively shut out of the United States, but ZTE has made significant inroads there. The company accounted for 10% of the US smartphone market last year, making it the fourth largest supplier, according to market research firm Counterpoint Technology.
ZTE shares, which trade in Hong Kong and Shenzhen, have been suspended since the Commerce Department announced the ban last month.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. . All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC and/or its affiliates. (151) add
© Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you.