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Huawei Marine in Washington’s crosshairs

Huawei Marine Networks’ involvement in setting and upgrading undersea cables is Washington’s next target…

UPDATE (June 3, 2019): Jiangsu-based Hengtong Optic-Electric Co. Ltd has made public by a filing to the Shanghai Stock Exchange its intention to buy Huawei Technologies Co. Ltd’s 51% stake in Huawei Marine Systems Co. Ltd, its undersea cable unit, for an undisclosed price.

Picture credits: Brent Lewin/Bloomberg

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