Huawei, ZTE face new hurdles to their U.S. phone ambitions
Congress just made Huawei and ZTE's goal of winning over U.S. consumers a whole lot tougher.
A report released by the House Intelligence Committee today claimed the two Chinese telecommunications manufacturers pose a risk to national security and urged U.S. companies to avoid working with them.
While the report deals mostly with the companies' large-scale networking equipment and corporate customers, the trickle-down effect on their consumer-facing handset businesses can't be good. Huawei and ZTE have long been dogged by concerns that they could snoop on companies and individuals, and today's report only solidified those fears. … Read more