US counts the cost of anti-Huawei hysteria
 

That would be $5.6 billion for now

The US is counting the cost of its pretty unnecessary war on Huawei.

For those who came in late, the US got a bee in its bonnet over Huawei and claimed that its networking equipment was being used for spying.

The “evidence” was limited to Huawei’s founder once being a member of the Chinese military and the fact the government awarded him for his services to industry. The US did its best to bad the sale of US tech to Huawei which shuttered its phone business, but US telcos had rather a lot of networking gear installed because it was much cheaper than anything on offer from US companies.

The US government wanted all that gear ripped out and replaced and, if possible, stamped on while singing nationalistic songs (we made the last bit up).

This set them at odds with the powerful US telcos who wanted money to replace this perfectly good working technology.

https://fudzilla.com/news/54342-us-c...uawei-hysteria