Huawei U.S. Telecoms Deal Hits Security Buffers
Controversy continues to surround Huawei's attempted purchase of a 16.5
per cent stake in U.S. telecoms equipments and services company 3Com.
The deal has sparked political concerns in the United States, as 3Com
supplies technology for protecting the Pentagon from cyber attacks.
Last year, the Pentagon blamed Chinese hackers for a massive attack on
its computer systems. One Republican politician, Thaddeus McCotter, was
quoted as calling the deal " a stealth assault on America's national
security."
ZTE and Motorola Cooperation Mooted
Chinese telecoms equipment maker ZTE is considering working with
Motorola, according to comments by Xiong Hui, ZTE's Vice President of
Marketing for Handsets, at the Mobile World Congress in Barcelona.
Motorola is currently looking for a partner as it splits off its mobile
phone operations. Reports suggest that Samsung, LG and Nokia had all
denied interest. Xiong Hui told Reuters, however, that "We have been
keeping in touch with Motorola on a wider cooperation." Shortly
afterwards, ZTE released a statement saying that it is "often in talks
with other leading telecommunications manufacturers around
potential opportunities for collaboration."
Daewoo to Use Shanghai GM Engines
Daewoo has signed an agreement with Shanghai GM to buy 100,000 engines
for the manufacture of Daewoo cars in South Korea. It is the first time
that engines made in China will be imported to the South Korean market.
GM Daewoo CEO Michael Grimaldi said that the four cylinder L850 engines
from Shanghai GM will be built into three models to be launched in
2009. The new models will have six-speed automatic transmission, and
are also slated to be exported overseas.
China Sets 2008 Sulphur Dioxide Reduction Goal
China will this year aim to reduce its sulphur dioxide emissions by six
per cent compared to 2005 levels, state media has announced. Xinhua
says that China also plans to cut chemical oxygen levels, a measure of
water pollution, by five per cent. China hopes the move will pre-empt
what it views as potentially negative reporting of air pollution in its
cities in the lead up to the Summer Olympics Games in Beijing.
Last update : Sunday, 17 February 2008
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