Chinese telecom equipment maker ZTE will plead guilty and pay $892 million to settle allegations it violated U.S. laws that restrict the sale of American-made technology to Iran and North Korea, the company and U.S. government agencies said Tuesday.

ZTE entered into an agreement to plead guilty to conspiring to violate the International Emergency Economic Powers Act, obstruction of justice and making a material false statement, the Justice Department said.

The settlement was made with Justice, the Commerce Department and the Treasury Department.

The Commerce Department investigation followed reports by Reuters in 2012 that ZTE had signed contracts to ship millions of dollars’ worth of hardware and software from some of the best-known U.S. technology companies to Iran’s largest telecommunications carrier.

“ZTE acknowledges the mistakes it made, takes responsibility for them, and remains committed to positive change in the company,” Zhao Xianming, ZTE’s chairman and chief executive, said Tuesday in a statement.

Between January 2010 and January 2016, ZTE directly or indirectly shipped U.S.-origin items worth approximately $32 million to Iran without obtaining the proper export licenses from the U.S. government. ZTE then lied to federal investigators, insisting that the shipments had stopped, the Justice Department said.