United States

Huawei and ZTE could lose what little business they have in the United States

Hong Kong (CNN Business)The US Federal Communications Commission wants to place more restrictions on Huawei and ZTE by barring companies that receive government money from purchasing equipment or services from the Chinese tech firms.The FCC announced the proposal Monday in Washington, and the agency will vote on it next month. It's the latest move in a growing list of US restrictions on Huawei aimed at curbing its global expansion.Huawei is the world's biggest telecommunications equipment maker and a leading smartphone brand. The company is also a leader in 5G technology equipment. ZTE also makes telecom gear and smartphones, but is a much smaller player than Huawei. FCC chairman Ajit Pai argued that Huawei and ZTE pose a threat to the sec ...