Oct. 9 (Bloomberg) -- Bill Plummer, spokesman for Huawei Technologies Co., talks about the company's response to a U.S. House committee report that said the phone-equipment maker may enable Chinese spying, and the impact of the government's investigation on the company's business. Plummer speaks with Nicole Lapin on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Huawei Technologies Co., China’s largest phone networks maker, rejected calls by a U.S. panel to divest technology assets bought from 3Leaf Systems and will wait for President Barack Obama ’s decision on the issue.
Huawei Technologies Co., a Chinese company with little name recognition in the U.S., is poised to challenge Samsung Electronics Co. and eventually even Apple Inc. in the $219.1 billion market for smartphones. Its strategy: inexpensive handsets.
Reckitt Benckiser Group Plc was given a final fine of 10.2 million pounds ($16.6 million) by a U.K. regulator for halting supplies of a heartburn medicine to the National Health Service to block sales of a generic version.
Two U.S. lawmakers asked Chinese telecommunications companies Huawei Technologies Co. and ZTE Corp. for details about their business dealings as part of an investigation into how their expansion may affect U.S. security.
Huawei Technologies Co., China’s largest telecommunications equipment maker, won a court order barring Motorola Solutions Inc. from disclosing confidential information about Huawei’s technology to Nokia Siemens Networks, which plans to buy Motorola’s wireless networks business.
Huawei Technologies Co.’s announcement that a U.S. government panel told it to divest technology assets bought from 3Leaf Systems shows the American government is using security concerns to reject Chinese investments, a Ministry of Commerce official said today.