[ad_1]

China’s Huawei has had to battle suspicions and worries about the safety of its networking gear for numerous years, which most lately culminated in it getting placed on a US blacklist by the Trump administration. Now, Huawei is officially bowing out of 1 line of small business, by agreeing to sell off its undersea cable operations, and reportedly shrinking an additional, by minimizing smartphone production orders with supplier Foxconn.

Huawei Marine Systems, in which Huawei holds a 51 % stake, lays undersea fiber optic cables among continents in substantially the similar way that Microsoft, Facebook, and Google have been performing. It was established in 2009 and has laid far more than 50,000km of cable across 90 projects, according to its web site. In recent…

Continue reading…

[ad_2]