US regulator declares Huawei, ZTE national security threats

US regulator declares Huawei, ZTE national security threats

REUTERS/Hannibal Hanschke

The Federal Communications Commission on Tuesday formally designated China’s Huawei Technologies Co and ZTE Corp as posing threats to U.S. national security, a declaration that bars U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies.

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