U.S. Attorney General William Barr on Thursday stressed the threat posed by Huaw...
U.S. Attorney General William Barr arrives for U.S. President Donald Trump's State of the Union address to a joint session of the U.S. Congress in the House Chamber of the U.S. Capitol in Washington, U.S. February 4, 2020. REUTERS/Leah Millis/POOL
WASHINGTON - U.S. Attorney General William Barr on Thursday stressed the threat posed by Huawei Technologies and said the United States and its allies should consider investing in Finland’s Nokia and Sweden’s Ericsson to counter the Chinese company’s dominance in next generation 5G telecoms technology.
Barr said there had been some proposals that concerns about Huawei “could be met by the United States aligning itself with Nokia and/or Ericsson, through American ownership of a controlling stake, either directly or through a consortium of private American and allied companies. “Putting our large market and financial muscle behind one or both of these firms would make it a far more formidable competitor and eliminate concerns over its staying power, or their staying power,” Barr said in a speech to a Washington think tank conference on China.The United States alleges that the Chinese government could use Huawei’s equipment for espionage, which Huawei denies.
Reporting by Mark Hosenball, David Brunnstrom and Chris Sanders; Editing by Chizu Nomiyama and Paul Simao
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
To counter Huawei threat, U.S. should consider taking 'controlling stake' in Ericsson, Nokia -attorney generalFBI Director Christopher Wray told a conference the bureau currently had about 1,000 open investigations of Chinese technology theft across its 56 regional offices. Wray said China was aggressively exploiting U.S. academic openness to steal technology
Read more »
Nokia posts surprise fourth-quarter profit rise on cost cutsFinnish telecom network equipment maker Nokia reported on Thursday a surprising ...
Read more »
To counter Huawei threat, U.S. should consider taking 'controlling stake' in Ericsson, Nokia -attorney generalFBI Director Christopher Wray told a conference the bureau currently had about 1,000 open investigations of Chinese technology theft across its 56 regional offices. Wray said China was aggressively exploiting U.S. academic openness to steal technology
Read more »
Britain to look to allies to find 5G alternatives to Huawei: ministerBritain will look to international allies to develop alternatives to Huawei to u...
Read more »
Larry Kudlow: Coronavirus will slow U.S. farm exports to ChinaWhite House economic adviser: The coronavirus in China will affect its ability to purchase massive amounts of U.S. goods and services as part of the 'phase one' trade deal
Read more »