Date: February 20, 2019
By: Dan Patterson, Graham Kates
China’s Huawei is one of the world’s largest telecommunications companies — millions of people use their phones, and its equipment and technology make it the driving force in 5G, the emerging standard that promises blazing-fast speed on wireless networks.
But Huawei is also caught in a fight with the U.S. government, which alleges it works with the Chinese government to steal from U.S. companies, and that it has illegally done business with Iran.
Huawei’s founder and president, Ren Zhengfei, denied the allegations in an interview with “CBS This Morning” co-host Bianna Golodryga, his first TV interview with an American journalist.
“We never participate in espionage and we do not allow any of our employees to do any act like that,” he said. “And we absolutely never install backdoors. Even if we were required by Chinese law, we would firmly reject that.” [FULL STORY]