U.S. Officials Warn of Danger Posed by China’s Huawei and ZTE [Yahoo! Finance News]
ZTE CORP UNSP/ADR (ZTCOY)
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Source: Yahoo! Finance News
U.S. Officials Warn of Danger Posed by China’s Huawei and ZTE ) -- Chinese companies like Huawei nologies Co. and ZTE Corp. threaten U.S. national security because the use of their equipment in networks gives the Chinese government an advantage it can use for espionage, cyberattacks and intellectual property theft, according to senior officials and lawmakers. “The country that owns 5G will own innovations and set the standards for the rest of the world and that country is currently not likely to be the United States,” said Jessica Rosenworcel, a commissioner at the Federal Communications Commission, quoting a U.S. military report on 5G. She was speaking at a Thursday hearing of the Senate Committee on land Security and Governmental Affairs, where officials from the U.S. State Department, Department of land Security and Department of Commerce testified about the dangers posed by Chinese equipment in telecommunications networks. The FCC is scheduled to vote Nov. 19 on a proposal that wo
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