A man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: APA man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: AP
A man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: AP

US to tap US$60 billion war chest in boon for Huawei and ZTE rivals

  • The new International Development Finance Corporation will use funds to help developing countries and businesses buy equipment from other companies
  • DFC chief executive Adam Boehler says US is ‘very focused’ on ensuring there are viable alternatives to Chinese telecoms firms

Topic |   Huawei
A man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: APA man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: AP
A man uses his smartphone as he stands near a Huawei logo at the PT Expo in Beijing in October. Photo: AP
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