The Hill: Security fears spark crackdown on Chinese tech
The federal government is taking steps to reduce the presence of some Chinese technology firms in American markets.
Earlier this month, AT&T scrapped a deal with Chinese phone maker Huawei, reportedly as a result of pressure from anonymous U.S. lawmakers who cited national security concerns. Reuters reported this week that lawmakers are now pressing AT&T to sever all of its commercial ties with Huawei.
And the White House blocked two acquisitions of American companies by Chinese firms in recent months, also citing “national security concerns.”
Lawmakers reportedly are pushing to keep Chinese telecommunications firm China Mobile out of the U.S. for similar reasons.
Read more ....
WNU Editor: When the U.S. government banned Russian software giant Kaspersky Labs last year, I said this was the first (among many) where tech companies from overseas will find themselves banned in the U.S. .... Kaspersky Lab Reports Growth Despite U.S. Government Ban (RFE). For Chinese phone maker Huawei .... they are learning that lesson right now.
Posts
