Business / Corporate Jun 3, 2019
Huawei to sell off undersea cable business to Chinese firm after U.S. reportedly cited security risk
In its first major asset sale since the United States ratcheted up accusations of the Chinese firm being a vehicle for espionage, a Huawei Technologies Co. Ltd. buyer's filing showed Monday it plans to sell its undersea telecom cable business. Hengtong Optic-Electric Co. Ltd, an ...
