US attorney general says tech and telecom industries should invest in Huawei competitors
Illustration by Alex Castro / The Verge
The Trump administration’s latest suggestion for combating the dominance of Chinese telecom giant Huawei: invest in its European competitors. The idea comes from US Attorney General William Barr, a former top lawyer for Verizon, who floated the notion of pushing members of the technology and telecom industries to invest in Ericsson and Nokia when speaking to a crowd at the Center for Strategic and International Studies in Washington, DC on Thursday, according to The Wall Street Journal.
The move represents yet more escalation in the Trump’s increasingly ugly standoff with Huawei, a Chinese corporation many of the world’s tech and telecom companies rely on for vital hardware and software that forms the backbone of cell networks and other...