U.S. gives Germany ultimatum on Huawei

|About: Telefonaktiebolaget LM Eri... (ERIC)|By:, SA News Editor

Doubling down on its threats, the Trump administration has told the German government it would limit intelligence sharing with Berlin if Huawei is allowed to build its next-generation mobile internet infrastructure.

Among other things, European security agencies have relied heavily on U.S. intelligence in the fight against terrorism.

Bad news for Huawei has generally been seen by investors as an opportunity for Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC).

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