Attorney General Barr Suggests U.S. Firms Take Financial Interest in Huawei Rivals - News Summed Up

Attorney General Barr Suggests U.S. Firms Take Financial Interest in Huawei Rivals


The U.S. and its allies should consider countering the might of Chinese electronics giant Huawei Technologies Co. by taking a financial interest in competitors Nokia Corp. and Ericsson AB, Attorney General William Barr said Thursday. The suggestion from Mr. Barr, a former general counsel to cellphone carrier Verizon Communications Inc., represents one of the Trump administration’s most aggressive proposals yet for pushing back against Shenzhen-based Huawei.


Source: Wall Street Journal February 06, 2020 17:15 UTC



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