0
Broadband

Zoom Telephonics looks to Vietnam as US refuses all requests for China tariff exemption

Tuesday 12 November 2019 | 09:27 CET | News
Zoom Telephonics, a producer of cable modems and other communication products, said the US has denied all of its requests for China tariff exemptions. The requests were made citing the severe economic hard caused by the tariffs. The US Trade Representative (USTR)  did not provide any details for the refusals and Zoom is now reviewing its options. CEO Frank Manning said that while the news was not surprising, it was very disappointing. The company recently reported a third quarter loss of USD 200,000; without the China tariffs, the figure would have been in the black, at USD 800,000. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Zoom Telephonics
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Zoom Telephonics names Lauten as SVP of Operations

Published 14 Nov 2019 10:48 CET | United States
Zoom Telephonics appointed John Lauten as SVP of Operations, effective from 11 November. Lauten is a high technology, senior ...

Zoom Telephonics inks new supply deal as Q3 profit sinks again on China tariffs

Published 05 Nov 2019 15:29 CET | World
Zoom Telephonics, a producer of cable modems and other communication products, reported recorded record revenue levels for the ...

Zoom Telephonics announces several management appointments

Published 29 Aug 2019 15:26 CET | World
Zoom Telephonics, maker of cable modems and other communications products, has announced new leadership appointments to support ...

Zoom Telephonics Q2 net sales up 9% to USD 8.2 mln

Published 01 Aug 2019 14:49 CET | World
Zoom Telephonics reported second quarter net sales increased 8.5 percent to USD 8.2 million. The increase in sales was driven by ...

Zoom Telephonics raises USD 5 mln, adds Akamai co-founder to board

Published 07 May 2019 11:44 CET | World
Zoom Telephonics, a producer of cable modems and other communication products, said it has raised USD 5 million from a private ...

Zoom Telephonics appoints Wytanis as president, COO

Published 17 Oct 2018 10:52 CET | World
Zoom Telephonics appointed Joseph Lee Wytanis as president and chief operating officer (COO), effective from 29 October. Frank ...