The two firms should be barred from any US mergers and acquisitions, a House Intelligence Committee report will say. The panel says the firms failed to allay fears about their association with China’s government and military. The firms – among the world’s biggest makers of networking equipment – denied the accusations in front of the panel. On Monday ZTE issued a statement insisting its equipment met all US standards and posed no threat. ZTE has set an unprecedented standard for cooperation by any Chinese company with a congressional investigation,” China’s Xinhua news agency quoted the firm as saying. Read the full story at The BBC.
Huawei and ZTE pose security threat, warns US panel
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).