On Monday, Huawei Chief Financial Officer Meng Wanzhou and his team of lawyers will appear in court again to urge a Canadian court to release her. The reason given by the team is that the United States provided misleading criminal charges in order to facilitate the arrest of Meng in Canada.
Monday was another bad day for Chinese tech giant Huawei. The Washington Post dropped a major bombshell on the company regarding alleged (highly-illegal) dealings in North Korea, and Czech Radio added another involving activities in their own country. The news adds fresh and serious doubts about the company’s potential western footprint, and bolster’s Washington’s case that the giant is a threat to American national security and users’ privacy. President Trump met tech CEOs in the White House Monday, partially to discuss what to do about it.
President Trump used an executive order Wednesday to declare a national emergency over threats to American technology. The move prohibits American companies from using telecom services solely owned, controlled, or directed by a foreign adversary. The order also “delegates authority to the Secretary of Commerce,” Wilbur Ross, “to prohibit transactions posing an unacceptable risk to the national security of the United States.” The move clears the way for a ban on Huawei, China’s controversial telecom giant.
Did you think Apple or Samsung? No it’s Huawei.
Is Huawei using its incredibly fast China growth and government backing to help launch and control the 5G standard? Many are concerned. Huawei smartphone units shipped increased from 39.3 million in Q1 of 2018 to 59.1 million in Q1 2019 according to IDC 2019.