HONG KONG—ZTE Corp. has told U.S. authorities that its failure to fully comply with a U.S. settlement agreement resolving sanctions-busting charges was due to faults in its internal controls, not from a plan of systematic deception, according to a person familiar with the company’s filings. The Chinese telecommunications giant, which has submitted a formal request to the Commerce Department for a stay of an order barring American suppliers from selling to ZTE, claims that the sales ban is a disproportionate penalty, the person...

Source: Wall Street Journal May 12, 2018 16:18 UTC