Chinese telecom giant ZTE is reacting to the penalties handed down from the US Department of Commerce. In addition to fines that could exceed 1.2 billion US dollars, ZTE is fighting for its financial future after getting hit with a seven-year ban on buying components from US companies. ZTE says the harsh penalty will not only hurt the world's fourth largest smartphone maker, it'll harm many US companies that profit from sales to ZTE. CGTN's Sean Callebs reports.