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According to a report by the Wall Street Journal, the U.S. government has asked its allies to persuade "wireless and internet providers in these countries to avoid telecommunications equipment from China's Huawei Technologies Co." The same sources also claim the U.S. is considering extra financial aid for developing countries that "shun Chinese-made equipment." Huawei holds a 22% share of the global telecomequipment market, but they've been largely shut out of the U.S. market already. Chinese telecom stocks fell rapidly in response to the report.
U.S. officials say they worry about the prospect of Chinese telecom-equipment makers spying on or disabling connections to a fast-n exponentially growing universe of things, including components of manufacturing plants. "We engage with countries around the world about our concerns regarding cyberthreats in telecommunications infrastructure," a U.S. official said. "As they're looking to move to 5G, we remind them of those concerns. There are additional complexities to 5G networks that make them more vulnerable to cyberattacks."
U.S. officials say they worry about the prospect of Chinese telecom-equipment makers spying on or disabling connections to a fast-n exponentially growing universe of things, including components of manufacturing plants. "We engage with countries around the world about our concerns regarding cyberthreats in telecommunications infrastructure," a U.S. official said. "As they're looking to move to 5G, we remind them of those concerns. There are additional complexities to 5G networks that make them more vulnerable to cyberattacks."