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Taiwan’s Hon Hai Pulls Out of Huawei Deal Over ‘Security Threat’

02
Jul
2014

TAIPEI – Taiwan tech giant Hon Hai said Wednesday it has pulled out of a deal to buy 4G equipment from Huawei after the government warned that the Chinese company posed a national security threat.

Taiwan raised those concerns in March after Hon Hai announced the $178 million deal, saying telecom equipment purchased from Huawei could be used for cyber espionage.

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