New Zealand's prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed treatment after the small U.S. ally blocked the sale of some Huawei equipment citing national security concerns.
Federal prosecutors are investigating Huawei Technologies, the world's largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday.
A top executive of Huawei argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated.
Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one of the countries where lawmakers allege its equipment could facilitate Chinese spying, sources told Reuters.
Australia is preparing to ban Huawei Technologies from supplying equipment for its planned 5G broadband network after its intelligence agencies raised concerns that Beijing could force the Chinese telco to hand over sensitive data, two sources said.
A number of different technologies are being developed or improved to offer higher speeds for fixed and mobile broadband networks, as operators are preparing to compete with each other and carry video traffic in 3D and at higher resolutions, which is expected to happen in the coming year.