Huawei’s Top Customer in Japan Reassesses Ties - News Summed Up

Huawei’s Top Customer in Japan Reassesses Ties


Chinese telecom giant Huawei has long caused tension between Washington and Beijing. WSJ’s Shelby Holliday explains what the company does and why it’s significant. (Photo: Aly Song/Reuters)TOKYO—SoftBank Group Corp. is assessing the impact of eliminating less-expensive Huawei Technologies Co. gear from its Japanese network following a U.S. campaign to restrict the Chinese company’s business in countries allied with America. SoftBank, which operates Japan’s third-largest mobile phone network, relies on Huawei to offer competitive prices against its two bigger rivals, which together control about three-quarters of Japan’s cellphone market and plan to cut phone rates by as much as 40%. SoftBank and Huawei have...


Source: Wall Street Journal December 11, 2018 12:04 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */