sanctions

US charges Huawei with a litany of crimes

The US Department of Justice has hit Chinese telecoms vendor Huawei with a 23-count indictment, covering allegations ranging from bank fraud to theft of trade secrets.

ZTE seems to be doomed. Who’s next?

ZTE employs 75,000 people and sold $17 billion of gear last year, but seems to have been wiped out with one stroke of a US regulatory pen. That’s scary.

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