Huawei Throws Towel In On 3Leaf Acquisition
Huawei today issued a statement regarding its intent to follow the recommendations of the U.S. government concerning its acquisition of 3Leaf Systems. The company said, "This was a difficult decision, however we have decided to accept the recommendation of CFIUS to withdraw our application to acquire specific assets of 3Leaf. Huawei will remain committed to long-term investment in the United States. The significant impact and attention that this transaction has caused were not what we intended. Rather, our intention was to go through all the procedures to reveal the truth about Huawei." Separately, the Chinese government had its own opinion about the deal. China wants more transparency regarding national-security reviews of Chinese investment in the U.S. A Chinese government spokesperson said, "China hopes U.S. laws treat Chinese companies, no matter whether they are listed companies, state-owned companies or private companies, fairly…and implement more transparent and predictable procedures." U.S. lawmakers have also questioned investments made or announced by Chinese telecommunications equipment provider ZTE. They fear that these companies are linked to the Chinese government in a way that could threaten national security.
U.S. Lawmakers Want AT&T to Sever All Ties with Huawei
Some people who work for the U.S. government don't want AT&T and other firms doing business with Huawei, according to Reuters.
Republicans Don't Want U.S. Gov Using Huawei, ZTE Equipment
A new bill introduced by Texas Representative Michael Conaway (R) would prevent any part of the U.S government from using equipment from Chinese companies Huawei and ZTE. The "Defending U.S.
Republican Senators Want It to Be Illegal for US Gov to Use Huawei or ZTE Equipment
Republican Senators today introduced a new bill that would prevent the U.S. government from using telecommunications equipment from either Huawei or ZTE.
Verizon Won't Sell Huawei Phones Either, Says Bloomberg
Verizon Wireless has cancelled any and all plans it had to sell handsets from Chinese phone maker Huawei due to pressure from the federal government, according to sources cited by Bloomberg. Verizon Wireless was on deck to sell Huawei's flagship device, the Mate 10 Pro, but has bowed to the government's wishes.
Hitur Petar said:...
Americans say free trade, free trade.... Open your markets blah blah blah. Guess its another typical "do as we say, not as we do" scenario. Just like everything else you do. And then you wonder why the world laugh
get outta here ya dirty commies!
Or at least stop devaluing your currency.