Cybersecurity
Huawei-Level 3 Sales Seen Off as China Spy Concerns Ripple: Tech
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Huawei Technologies Co. has emerged as the world’s second-largest maker of networking gear thanks to growth in China, Europe and emerging markets. The U.S. business is a different story.
Just $1.3 billion of the Shenzhen, southern China-based company’s $35 billion in 2012 sales came from America. Now, amid rising congressional concerns about Chinese government-sanctioned hacking, Huawei may lose one of its most important stateside customers: Level 3 Communications Inc., which runs a broadband network that helps carry traffic for most telecoms.