The Traderszone Network

Published in TZ Latest News 4 March, 2015 by The TZ Newswire Staff

Huawei, Intel expand tie-up amid China’s rising scrutiny of U.S. tech firms

China’s Huawei Technologies Co Ltd [HWT.UL] and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market. The partnership, announced by Huawei in a statement, comes as U.S and other Western tech firms’ scramble to burnish their bona fides with China, which has become increasingly wary of foreign technology.

read more