Congress just made Huawei and ZTE's goal of winning over U.S. consumers a whole lot tougher.
A report released by the House Intelligence Committee today claimed the two Chinese telecommunications manufacturers pose a risk to national security and urged U.S. companies to avoid working with them.
While the report deals mostly with the companies' large-scale networking equipment and corporate customers, the trickle-down effect on their consumer-facing handset businesses can't be good. Huawei and ZTE have long been dogged by concerns that they could snoop on companies and individuals, and today's report only solidified those fears. … Read more
WASHINGTON, D.C.--The House Intelligence Committee released a report this morning, accusing two Chinese makers of telecommunications gear of posing a national security threat and discouraging American businesses from buying their equipment.
In a 52-page report, the committee said that neither Huawei or ZTE addressed concerns raised repeatedly by lawmakers over their ability to snoop on American companies or individuals. And neither company was able to convince the committee that they could not be persuaded by the Chinese government to aid its espionage efforts if enlisted to do so.
"Neither company was willing to provide sufficient evidence to … Read more
By product line, Huawei looks like any other data center equipment provider. Storage, networking, and security software rolls out at a steady clip and market wins -- mostly in China and emerging markets -- follow.
Except for the U.S., where Huawei is a vendor that rankles national security experts and politicians regularly. When it comes to networking and telecom gear, Huawei is a relatively small player in the U.S. In fact, most IT buyers will recite the top vendors easily -- Cisco Systems, Juniper Networks, and Hewlett-Packard. Huawei might as well not exist.
In emerging markets Huawei is … Read more
The House Intelligence Committee investigating national security threats posed by two Chinese telecommunications-gear makers is set to release a report Monday that seems likely to ratchet up pressure.
The committee held a three-hour hearing last month, during which lawmakers repeatedly criticized Huawei and ZTE for being vague in answering questions about whether their networking equipment could be used to snoop on American companies and individuals. At the end of the hearing, committee Chairman Mike Rogers (R-Mich.) expressed some consternation that the companies hadn't been more forthcoming in addressing his concerns.
"I can say that I am a little … Read more
Huawei, the embattled Chinese mobile company looking to expand its footprint internationally, is now eyeing an initial public offering, according to a new report.
Huawei has contacted investment banks to learn more about the process that would eventually take its shares public, The Wall Street Journal is reporting today, citing sources. The company isn't sure yet where it might list its stock and doesn't know how that process might go, according to the Journal's sources.
Over the last several months, Huawei, which derives much of its business activity from telecommunications equipment, has come under fire in the … Read more
Huawei has ambitions to build its own mobile operating system as a fail-safe in case Google's Android or Microsoft's Windows Phone platforms someday are no longer available to the Chinese telecommunications giant.
Huawei told Reuters that it is devoting resources to its own platform, which would lessen its dependence on other companies and provide it with an alternate plan if access to either Android or Windows Phone were somehow shut off.
Huawei, the Chinese mobile company hoping to make its way to the U.S. and elsewhere, expressed disappointment with the Australian government today for not being included in the country's National Broadband Network.
Speaking before the Australian parliamentary intelligence committee, Huawei Australia chairman John Lord said that his company was "disappointed" to learn that it was blocked from participation in the country's $38 billion NBN project. According to Reuters, Lord claimed that Huawei was given no reason for its exclusion and no chance to address any concerns that might have arisen.
A big company -- it … Read more
The House Intelligence Committee brought executives from two Chinese telecommunications gear makers to Capitol Hill today to press them on potential threats they pose to national security, but came away with little satisfaction.
"I can say that I am a little disappointed today," committee chairman Mike Rogers (R-Mich.) said at the end of the hearing investigating Huawei and ZTE. (CNET viewed the hearing via Webcast.) "I was hoping for a little more transparency... Other inconsistencies worry me greatly."
Rogers and his fellow committee members pressed executives from the two Chinese companies repeatedly, raising allegations that the … Read more
Chinese telecom giant Huawei has pledged to invest $2 billion (£1.3 billion) in the U.K. economy, in an apparent bid for goodwill as the U.S. Congress opens a probe of the company's relationship with the Chinese government. (See the embedded press release below.)
Huawei will plow $1 billion (£650m) into its U.K. research and development efforts. It said that will generate more than 700 jobs in the country, and pledged to spend a further $1 billion on U.K. procurement over the next five years.
The telecom giant, which already employs 800 … Read more