Reuters: ZTE will make escrow deposit soon to lift ban [Seeking Alpha]
ACACIA COMMUNICATIONS (ACIA)
Last acacia communications earnings: 2/18 04:01 pm
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US:NASDAQ Investor Relations:
ir.acacia-inc.com/investor-overview
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Source: Seeking Alpha
Reuters: ZTE will make escrow deposit soon to lift banZTE is expected to deposit $400M in a U.S. bank escrow account within the next couple of days, according to aReuters source.The escrow deposit is the last step before the government will lift the ban on ZTE receiving goods from U.S. suppliers.ZTE supplier Acacia Communications (NASDAQ:ACIA) isup 0.4% aftermarket.NXP Semiconductors (NASDAQ:NXPI) closed todayup 2% but hasdropped 0.8% aftermarket. The thawing relations between the countries could make China more likely to approve NXP’s acquisition by Qualcomm.See all stocks on the move »Now read:AMD: Strong Quarter, But Still No Cash »
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