How Huawei won over EuropeIn Britain, the Chinese telecom giant Huawei donated to top schools, held parties for political leaders and sponsored a charity founded by Prince Charles. In Germany, it sponsored the recent convention of the country’s governing political party, the Christian Democratic Union. Europe is now Huawei’s biggest market outside of China, generating $20 billion in revenue in 2017 — about a quarter of its total business. Why it matters: Europe, like the U.S., is now beginning to turn on Huawei over concerns that its technology is being used for espionage. But untangling from Huawei may be difficult, as its equipment plays a crucial role in the continent’s wireless infrastructure.

Source: New York Times January 22, 2019 19:07 UTC