Category Archives: technologyNews

Huawei to spend $2 billion over five years in cybersecurity push

Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading lab facilities, as it battles global concerns about risks associated with its network gear. The typically secretive Chinese technology giant made the comments at one of its most indepth press conferences at its Dongguan offices, after welcoming about two dozen international journalists into its new campus in the southern

Exclusive: T-Mobile, Sprint parents consider dropping Huawei, see U.S. security clearance for deal – sources

T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China's Huawei Technologies [HWT.UL], people familiar with the matter told Reuters.