Huawei and ZTE (ZTCOY.PK) execs tried to soothe concerns about the security risks posed by their...
Friday, September 14, 2012, 5:39 PM ETHuawei and ZTE (ZTCOY.PK) execs tried to soothe concerns about the security risks posed by their networking and telecom gear while speaking before a House committee. But the committee wasn't pleased with the companies' unwillingness to share documents detailing their ownership structures and Chinese government ties. Security fears have led Huawei and ZTE to be locked out of major U.S. and foreign contracts, to the benefit of rivals such as CSCO, ALU, and ERIC. (previous)
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