The transaction could have curtailed American investments in chip and wireless technologies and handed global leadership in those spheres to Huawei. Vodafone is said to have found and fixed backdoors on Huawei equipment used in the carrier’s Italian business in 2011 and 2012. U.S. Secretary of State Michael Pompeo has said the U.S. might hold back intelligence-sharing with NATO allies if they use Huawei equipment, a threat met with some skepticism. That estimate was later trimmed to “less than $10 billion.”ADXi Jinping with Huawei President Ren Zhengfei. Are other Chinese companies feeling the heat?

Source: Washington Post December 17, 2019 08:15 UTC