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Categories: Broadcom Erricson Huawei Nokia Qualcomm ZTE

#CFIUS is concerned that @Broadcom would cut back on R&D funding at @Qualcomm, strengthening Huawei at a time when rivals from @Ericsson to @Nokia are grappling with weak telecoms spending. That theoretically gives Chinese companies such as @Huawei and closest rival @ZTE Corp. the upper hand in steering the direction of wireless communications development, thereby — so the argument goes — jeopardizing U.S. national security. CFIUS’s concerns over the deal are said also to stem from Broadcom’s ties to Huawei, which was blacklisted in 2012 along with ZTE when the U.S. House Intelligence Committee cited security risks posed by the companies.

https://www.bloomberg.com/news/articles/2018-03-13/how-china-s-huawei-killed-117-billion-broadcom-deal-quicktake

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