Concerns about the security of privately-held Huawei’s technology have intensified, and deteriorated further after the arrest of its chief financial officer, Meng Wanzhou, in Canada late last year.
Meng, who was detained at the request of Washington over allegations that the company violated American sanctions on Iran, was released on bail but still faces the possibility of extradition to the U.S.
The U.S. and other countries — including Canada, Germany, Britain and Australia — accuse China of technology theft and have blocked Huawei’s equipment from sensitive infrastructure projects. Beijing denies those allegations.
China has openly declared its intent to become a world tech leader over the next decade, investing hundreds of billions of dollars in technologies like Artificial Intelligence and autonomous vehicles.
— CNBC’s Evelyn Cheng and Sam Meredith contributed to this report.
from Just News Viral http://bit.ly/2FZsaIh
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