Huawei hangs up on the U.S. network equipment market

Huawei, according to various media reports, is going to exit the U.S. network equipment market. Their decision follows disputes between China and the U.S., which says that the vendor poses a security threat to the United States. Huawei founder and CEO Ren Zhengfei said in an interview with French journalists on Nov. 25 that it is "a private enterprise without any high-level political position," and that there are much bigger issues at play in U.S.-Chinese relations than the status of the company itself. Read more

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