Posted inAT Finance, Australia, China, Germany, Oceania, Singapore, United Kingdom, World

Huawei insists Australia’s espionage fears are unfounded

China’s Huawei Technologies said barring it from involvement in Australia’s next-generation wireless networks due to security concerns was “ill-informed.” The company warned that the move could result in a technological setback for the country that increases consumer costs. In a letter, China’s biggest maker of telecommunications equipment told Australian legislators that their concerns were “not based […]