Chinese telecom giant Huawei has long caused tension between Washington and Beijing. WSJ’s Shelby Holliday explains what the company does and why it’s significant. (Photo: Aly Song/Reuters)TOKYO—SoftBank Group Corp. is assessing the impact of eliminating less-expensive Huawei Technologies Co. gear from its Japanese network following a U.S. campaign to restrict the Chinese company’s business in countries allied with America. SoftBank, which operates Japan’s third-largest mobile phone network, relies on Huawei to offer competitive prices against its two bigger rivals, which together control about three-quarters of Japan’s cellphone market and plan to cut phone rates by as much as 40%. SoftBank and Huawei have...
Source: Wall Street Journal December 11, 2018 12:04 UTC