Monday, October 8, 2012

China tech firms 'security risk'

The panel said regulators should block mergers and acquisitions in the US by Huawei Technologies Ltd and ZTE Corp It also advises that US government systems not include equipment from the two firms, and that private US companies avoid business with them.

The results of the committee's year-long probe, due to be released later, could hamper Huawei and ZTE's ambitions to expand their business in America.

Huawei and ZTE are among the world's leading suppliers of telecommunications gear. Both deny being influenced by the Chinese government and posing a security threat.

Source: http://uk.express.feedsportal.com/c/33338/f/565858/s/2438a7bc/l/0L0Sdailyexpress0O0Cposts0Cview0C350A7980CChina0Etech0Efirms0Esecurity0Erisk0E0C/story01.htm

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