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For arresting the chief financial officer. a lot to unpack here huawei and company zte have been sparring with the u.s. government for a while now. zte was sanctioned, receiving a ban from using u.s.-made parts after the government determined the company had violated u.s. sanctions against iran and north carolina. let me talk about huawei and why it is controversial. the company was founded in china three decades ago. it worked in phone switches. then it moved into communications infrastructure. huawei offered cheaper versions of cell phones and smart phones. you could pick up an huawei android phone for about 100 bucks. it was a low cost option. remember, while americans use a lot of apple, the world uses ....
Why the plunge? might have to do with the arrest of this woman, the daughter, chief financial saw of huaway. maybe you heard of that, maybe you haven t. it is the biggest telecom company on earth, just surpassed apple to become the second biggest smart phone maker in the world. the u.s. suspects the company of violating sanctions on iran. and as you expect, china is outraged. that complicates everything between president trump and president xi as they talk about dialing back on the trade war. let s take a moment to look at why it is controversial. they were founded working in phone switches, then moving into communications, infrastructure. as cell phone use boomed in the 2000s, i will ask you to move to the next one, they moved to capture market share by offering cheaper versions of cell phones and smart phones. you could get a huaway android ....