View full page at metalsmine.com

 

FCC bans U.S. sales of Huawei and ZTE equipment over national security concerns

From axios.com

The Federal Communications Commission on Friday announced it adopted new rules banning U.S. sales and imports of new Huawei and ZTE telecommunications devices out of national security concerns. Why it matters: The ban is the latest escalation in U.S. policy toward Chinese telecom equipment makers, which began during the Obama administration and accelerated during the Trump administration. • Other companies affected by the action include Hytera Communications, Hangzhou Hikvision Digital Technology and Dahua Technology. Driving the news: "Today, the FCC takes an unprecedented step to safeguard our networks and ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis