Chinese multinational tech company ZTE Corp. has just been granted a three-month extension for its operation in the US.

This is a temporary general license that would allow US companies to do business with the Chinese firm, including one of its affiliates that have been mandated to strictly observe export restrictions, ZTE Kangxun, until Nov. 28.

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The announcement was published by the Commerce Department in the Federal Register on Friday, China Daily reported.

In a statement, the Chinese tech giant said that "This further extension of interim relief will let ZTE continue serving customers, partners and suppliers in the US as we address any remaining compliance issues with US authorities."

"ZTE is fully committed to complying with the laws and regulations of the jurisdictions in which it operates," it further noted.

ZTE is the fourth largest smartphone manufacturer in the US, only next to Apple, Samsung and LG.

The company, which has 14 offices and six research centers in the United States at present, was imposed with export restriction by the Commerce Department on March 7 following reports of alleged violation of US export controls on Iran. These restrictions were also imposed on its three affiliates.

Fifteen days after, the Commerce Department presented a three-month relief from the export restrictions to ZTE and ZTE Kangxun in the US. This temporary license was eventually extended until Aug. 30, prior to the release of the new extension.

The company's operation in the US has paved way for the employment of 350 Americans, which comprise 80 percent of its entire manpower. Of the total market for smartphones in the US, the report revealed that ZTE currently captures seven percent of it.

TagsZTE US, ZTE Corp