Security

China’s Huawei chooses Texas court to challenge U.S. law labeling it a security risk | Technology


Huawei, based in Shenzhen, near Hong Kong, is a leading developer of 5G along with rivals Nokia Corp. of Finland and Sweden’s LM Ericsson. Industry analysts say excluding the Chinese vendor from markets for 5G equipment would reduce competition and might lead to higher prices.

Huawei, founded in 1987 by a former military engineer, overtook Ericsson in 2017 as the biggest global supplier of network gear. It says it supplies 45 of the world’s top 50 phone companies and has contracts with 30 carriers to test 5G wireless technology.

European governments are balking at U.S. pressure to ban Huawei. The company has announced contracts with customers including the United Arab Emirates in the Middle East for network technology.

In January, U.S. prosecutors filed charges accusing Huawei of stealing trade secrets and its chief financial officer of lying to banks about dealings with Iran.

The executive, who is the daughter of the company’s founder, was arrested Dec. 1 by Canadian authorities and is fighting a U.S. extradition request.

China’s government arrested two Canadians, a former diplomat and a businessman, on Dec. 10 in what was widely seen as an attempt to pressure Canada to release the executive, Meng Wanzhou.

On Monday, the government accused the two men of acting together to steal state secrets. That followed the Canadian government’s announcement Friday that the extradition proceeding would be allowed to continue.

Huawei executives deny wrongdoing and say American security warnings have yet to affect sales outside the United States. The company’s 2018 revenue forecast is $100 billion and its founder, Ren Zhengfei, said last month this year’s target is $125 billion.





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