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Maynard firm's largest customer allowed back into U.S. commerce after $1.4B settlement

Maynard telecommunications component manufacturer Acacia Communications opened Thursday’s trading with a 4.25-percent gain after the U.S. announced a deal to allow its largest customer back into U.S. commerce.
ZTE, a China telecommunications giant and maker of smartphones, accounted for more than 30 percent of the company’s revenue in fiscal 2017, and more than 20 percent in this year’s first quarter.

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