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Silicon Valley suppliers fall after U.S. companies are banned from selling to Chinese smartphone giant ZTE

Marlize van Romburgh
American City Business Journals
Silicon Valley suppliers fall after U.S. companies are banned from selling to Chinese smartphone giant ZTE

Several U.S. companies — including Lumentum, Oclaro Inc., Finisar Corp. and Acacia Communications Inc. — fell sharply on the news that they could no longer do business with a major customer.