Posts Tagged ‘Huawei’

[AUDIO] CTP Podcast: Huawei’s Failure to Crack the US Market

Wednesday, March 2nd, 2011

China Talking Points Podcast: The Huawei Challenge by ChinaTalkingPoints

Chinese telecommunications manufacturer Huawei is 0-2 in its bid to acquire American technology companies that begin with the letter “3.”  Their first attempt was back in 2008 when Huawei moved to acquire the struggling networking company “3com.” That $2.2 billion deal was scuttled by U.S. legislators on the grounds it presented a security threat if a Chinese company that once had (or may still have) ties to the PLA and an opaque relationship with the central government in Beijing would acquire sophisticated American networking technology. Roll the clock forward to 2011 and it’s “deja vu all over again.”  Huawei’s latest efforts to build a foundation in the US market was rejected by the US government on similar grounds. Huawei sought to buy the California-based cloud computing company 3Leaf yet once again the Committee on Foreign Investment in the United States (CFIUS) determined that it would be too risky for 3Leaf’s technology to be acquired by a Chinese company that allegedly has ties to the PLA.

(more…)