UPDATE 3-U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE [Reuters]
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Source: Reuters
U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE | Reuters 4 Min Read WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. The proposed law was introduced shortly before the Wall Street Journal reported federal prosecutors were investigating allegations that Huawei stole trade secrets from T-Mobile U.S. Inc and other U.S. businesses. The Journal said that an indictment could be coming soon on allegations that Huawei stole T-Mobile technology, called Tappy, which mimicked human fingers and was used to test smartphones. Huawei said in a statement the company and T-Mobile settled their disputes in 2017 following a U.S. jury verdict that found “neither damage, unjust enrichment nor willful and malicious conduct by Huawei in T
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