Entering text into the input field will update the search result below

U.S. to press allies to keep Huawei out of 5G

Apr. 16, 2019 3:29 AM ETNokia Oyj (NOK) Stock, ERIC StockNOK, ERICBy: Yoel Minkoff, SA News Editor28 Comments
  • The U.S. will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G networks, Reuters reports.
  • The U.S. has been meeting with allies in recent months to warn them Washington believes Huawei's equipment could be used by the Chinese state to spy. Huawei has repeatedly denied the allegations.
  • Bad news for Huawei has generally been seen by investors as an opportunity for Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC).

Recommended For You

Related Stocks

SymbolLast Price% Chg
NOK
--
ERIC
--