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Wireless

China 5G deployments under pressure after arrest of Huawei CFO - report

Monday 10 December 2018 | 11:20 CET | News
The deployments of 5G base stations and networks in China could suffer a hit from the recent arrest of Huawei CFO Meng Wangzhou in Canada, delaying demand for related components and materials for 5G equipment, Digitimes reported, citing sources at Taiwan's supply chain. The arrest was made at the behest of the US, on suspicion the CFO violated US trade sanctions against Iran. At the bail hearing, the daughter of founder Ren Zhenfei was accused of fraud, with a maximum penalty of 30 years in prison, various reports have said.  

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Categories: Mobile & Wireless
Companies: Huawei / ZTE
Countries: China / World
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