In 2016, Chinese telecom giant Huawei — the world’s largest manufacturer of telecom equipment and the number-two supplier of smartphones on the planet — was a company whose name many Americans couldn’t pronounce (it’s wah-way, per the company’s own instructional video). Now, the company is regularly in the headlines — though not for the reasons Huawei itself would want. The company has been dogged for years by U.S. intelligence agencies, which fear it could act as a proxy for Beijing. A U.S. congressional report in 2012 warned that Huawei posed a risk to U.S. national security. But under the Trump administration, the behind-the-scenes fight between U.S. intelligence and Huawei has taken center stage, culminating in the arrest of Huawei CFO and heir apparent Meng Wanzhou in Canada, the Department of Justice charging Huawei with fraud, obstruction of justice, and theft of trade secrets, and President Trump potentially on the verge of signing an executive order that would ban Huawei equipment from the U.S. wireless grid. The executive order would be a blow to both Huawei and the U.S. telecom industry; the inability to use Huawei equipment will hamper how quickly U.S. companies can roll out 5G networks, whose development is… Read full this story
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