huawei does not sell the best equipment. a review found huawei was the most vulnerable to exploitation. nokia and ericson offer better and more security technology. u.s. is strong. we face tough competitors but the chief risk to this u.s. strength in 5g innovation will be badly designed privacy rules. the doomsday argument is that because of the slowness in 5g deployment and the lack of spectrum, american entrepreneurs will not be able to take advantage of 5g. but we're not slow in that and spectrum allocation is not an issue. 5g is a symptom of a larger problem. we face a powerful opponent who is using espionage and predatory economic practices, including exploiting american patents to gain advantage. 5g is part of this contest. our strategy should strengthen america's technology base and work with allies. these bills move us in that direction. to summarize, i believe america's 5g problem is overstated. if we take the u.s. export import bank, and the finance corporation, could potentially rebalance the situation, also the c

does he agreed with me that this is in absurd characterisation of huawei?letely absurd, but i'm going to review my questions from john lewis. my socks may it be bugged. another mp was perplexed by the government's decision to limit huawei's role to 35% by conceding there is a problem, it has to be limited to 35%, does he not agree that the government is admitting that really, the only safe option is to go to 0%? we have infuriated the americans and our other allies in the five is. we know the foreign security had a bad time getting it down to australia. should we now have a considered programme of the five allies to get to zero over a short period of time? i completely agree with him and this is going to be the point of what i'm saying today is that i think that 35% is going to be plucked from thin air and i'm going to go into the reasons as to why this does not work. imagine in 1939, that while we were developing our radar system we decided to actually have one of the nazi camps in germany involved directly in doing it. this is the level, but we're reducin

as you know, huawei was put on the entity list. we didn't adjust afterwards. we didn't meet our revised targets which was $135 billion we were short by $12 billion this was the result of the u.s. sanctions. what is encouraging, despite the challenge, we achieved pretty good results from our hard work and support from business partners >> the reason i'm talking about the consumer division, it has become the largest revenue that was the networking. those remain pretty robust and huawei was doubling down on the china market nearly three out of five phones were sold out of china that showed you the focus it put on the chinese market after the blacklisting talking about the coronavirus here where you saw businesses shut, factories shut a lot of manufacturing for its network and equipment does happen here in china i spoke about the impact from the coronavirus. it is a bitterly to tell what the impact will be this year given it will spread to the rest of the world he feels short term, the company could deal with it you could see some significant fallout. let's listen

let's focus on huawei. its annual report and is showing healthy revenue and earnings for 2019. looking at the bloomberg terminal, this comes despite u.s. efforts to curtail the business on a u.s. stage. we are thrilled to be talking with the vice president. we have a number of questions spanning on a number of things, but what is the market looking like in china, after the lockdown and concerns about coronavirus? are people slowly buying new phones? is there a pickup? victor: thank you very much's -- much. nice to talk to you. i would like to see you hope [indiscernible] cities and impacting families, so huawei, we have come through this period from the earlier fabric and full production will be recovered. the first part is to make sure the safety and health of the employees and make sure we are in a safe position. francine: give us a sense of after the lockdown, are people ready to spend? all of our heartfelt console it those whondolences to are fighting for their lives or have lost their lives, but are pe

have been supplying product to huawei.ven in the december earnings call that if, you know, there is any change in this regard that impacts our licenses, that will impact our revenue with huawei. but i would like to point out that it's not just us. it's really actually the entire semiconductor industry, it's a big supplier to huawei and if any actions are taken that limit the ability of the industry to ship to huawei, of course it will impact the semiconductor industry and impact us, too the point here, jim, is our business has also expanded to other customers. huawei is a relatively large customer, still we diversified our business across the globe. >> right >> markets are, of course, from data center to smartphone -- >> you're much bigger than that. >> very well diversified markets. >> thank you great quarter. too bad the market was down badly today. that's sanjay mehrotra, ceo of micron technology. "mad money" is back after the break. because netsuite shows me all my financials in one place, we stay focused on what we do

the folding huawei mate xs.es of dogs, and if i open the phone out, the pictures expand to fill the view. one thing i can't show you is google maps, because the phone still doesn't have those google apps. in fact, huawei's now added its own app gallery which it says will be a competitor to the google play app store. snapchats, tiktok, they are on there, the sun newspaper is on there, and bbc news, but some big ones are missing, of course. now, the concerns with folding phones as that displays might be easily damaged because they're flexible. now, huawei says since the original mate x it has made the screen more resistant. although i have seen a display screen with a big old scratch on it. huawei says there will be cases available. also revealed was a smart speaker. here it is, it's called the soundex. all you do is tap the phone here to pair and then you can play your music, including from spotify, because that is in the app gallery. so here we go. loud music plays that's quite loud. oh no. so one thing they did

tearing huawei out of our networks would have significant costs and delay.ganisation for the telecoms...for the mobile industry, estimate that that that would be £7 billion and it would delay 5g by 18 months. i worry when we start compromising security. i worry, and this is the point i want to make. we have no friends out there any more on this issue. whether it's the canadians, the americans, the australians, the new zealanders, they all disagree with us! so i need some absolute clarity from the secretary of state as my colleagues, i think, do. and number one, that we do plan and it is the government's intention, to move to essentially rid ourselves of high—risk vendors from our system. and the point about that is it needs a well to be a concept of timescale in this. so i want the government... and he wanted a bill on 5g and huawei back in front of mps as soon as possible. if they don't want us to try and create trouble on this bill, i simply say to them, and they must give an absolute, lock—tight commitment that the bill that is relevant to this returns be

and here it is, the folding huawei mate xs.am here, there's some pictures of dogs, and if i open the phone out, the pictures expand to fill the view. one thing i can't show you is google maps, because the phone still doesn't have those google apps. in fact, huawei's now added its own app gallery, which it says will be a competitor to the google play app store. snapchat, tiktok, they are on there, but some big ones are missing, of course. now, one of the concerns with folding phones is that displays might be easily damaged because they're flexible. now, huawei says since the original mate x, it has made the screen more resistant. although i have seen a display model with a big old scratch on it. huawei says there will be cases available. also revealed was a smart speaker. here it is, it's called the soundex. all you do is tap the phone here to pair, and then you can play your music, including from spotify, because that is in the app gallery. so here we go. loud music plays. that's quite loud. oh, no! so one thing they did tell m

s position on huawei? mr. ross: no. i think it's a mistake. mr. van hollen: how about germany? a little better but still a mistake? mr. ross: i'm not a tech nolings, but the technology experts tell me that 5-g is not something that you can so readily separate core from periphery. also think that the danger, in case they're wrong in their theory that they can mitigate, the danger of shutting down your entire economy, shutting down your entire government, is a risk that's not worth taking. mr. van hollen: we agree on that. i just want to make sure we're all aligned in terms of the strategy. thank you. mr. moran: thank you, senator. mr. secretary, we're going to have another round of questions but the good news is that there's a vote scheduled in 15, 16 minutes. so -- mr. ross: i'll speak fast. mr. moran: there is a finite time in which this hearing will come to a conclusion. i'm going to try to get two questions in, in my five minutes. and the first one is just a follow-up on what auto i've already asked you. we talked about section 232, ex clues process. i indicated that -- excl

if huawei tentacles get into the uk system, that jeopardizes u.s.ssets and national security. >> it certainly does. the uk is trying to make this argument that there are core and non-core parts of the 5g network in saying it's okay for huawei to be in the non-core. i don't think you can make that distinction. if huawei is in 5g, they will be able to take information and that is completely unacceptable. it's important for the u.s. to decrease our intelligence sharing with the uk if they go forward with this misguided decision. >> what about the other comment by secretary of state mike pompeo, that china has been interfering in our ability to tackle the coronavirus because they have not been honest about their numbers, i think they may have been the arm of the world health organization which as i said earlier is largely incompetent, what do you think. >> the secretary of state is absolutely right, china has been imposing extraordinary information controls on coronavirus and this has inhibited the world health organization and the cdc from trying to in

is still making life difficult for huawei barring the tech giant from doing any business with u.s. suppliers including selling at the chips needed to make its base stations the huawei not to be the terror is finding a way around the strict limits and as ramping up its own capabilities to manufacture the gear its efforts to become self-reliant are paying off as huawei in the 4th quarter sold more than $50000.00 of these next generation base stations that were free of u.s. technology these devices were outfitted with chad from high silicon made by taiwan semiconductor manufacturing co the world's largest chip foundry hollow exact and dank says that the longer huawei goes without access to u.s. suppliers the more unlikely it is to be able to return to using them that's a heavy blow for the us i mean sector which in 2018 are no more than $10000000000.00 from huawei purchases alone chip maker xilinx intel micron and broadcom have all report of falling earnings or reduced or eliminated sales to holway american chip makers are arguing that the banning the supply of parts the huawei can ge

this lunchtime: a rebellion in parliament about the government's plans to allow the chinese firm huawei a role in the uk's 56 mobile network the proceedings have been and, 50 years after the equality protests that disrupted miss world, we speak to some of the original campaigners coming up in the sport later in the hour on bbc news... spanish football authorities say all games in la liga, the top division will be played behind closed doors as they look to tackle the coronavirus outbreak. good afternoon and welcome to the bbc news at one. the foreign office has warned against all but essential travel to italy, as the country imposes a nationwide lockdown to try to curb the spread of the coronavirus. the illness has killed more than 460 people in the country, and infected more than 9,000. british airways is among several airlines to cancel all flights between italy and the uk until next month. england's deputy chief medical officer has warned that britain will soon be at the start of the peak period of infection, when cases begin to rise very rapidly, with many thousands infected. the gov

[applause] and impressing upon other countries of the world what the risk is of huawei.hey are using any means they can to collect the i data that really is the desire of china to collect more and more data. >> the congresswoman talks about what is important yes we have a competition with china tbut we cannot adopt china's ways because we haveve our own talking about so many different platforms. >> but this room needs remember what ronald reagan told us liberty contracts that plays out with the socialist china and other people's l lives and we have to remember time and again it takes onein generation to lose all of this i groups like cpac and turning point every day the next generation learns the fundamental principles of liberty and freedom and one of the things we need some help from congress of personal identifiable information and that is so key that the data is affected so then we are in real trouble. and then to regulate for the next 20 years that needs to be precise with that identifiable information and then protect us from our government but the reason is to pro

s position on huawei? >> no. i think it's a mistake. >> how about germany's? a little better but still a mistake? >> i'm not a technologist, but the technology experts tell me that 5g is not something that you can so readily separate core from periphery. and i also think that the danger in case they're wrong in their theory that they can mitigate the danger of shutting down your entire economy, shutting down your entire government is a risk that's not worth taking. >> and we agree on on that. i just wanted to make sure we're all in alignment in terms of the strategy. thank you. >> you're welcome. mr. secretary, we're goingve to round of questions, but the good news is there's a vote scheduled in 15, 16 minutes. >> i'll speak fast. >> so there is a finite time in which thisa hearing will come o conclusion. i'm going to try to get two questions in in my five minutes, and the first is to follow up, we talked about 232 exclusion process. i indicated that calculations, my staff's calculations are that we're going to spend roughly $18.5 million in that process in fy

the tussle over huawei is far from over. borisjohnson took tussle over huawei is far from over.sial decision to give the go—ahead to the chinese company despite the fury of the white house and it seems the anger of many tory backbenchers, and there is now a fairly solid block of them representing many of the most senior, experienced tory mps, former cabinet members and the like, who are now poised or on the cusp of inflicting a defeat that could force borisjohnson to backtrack, and their basic problem is, they believe that huawei represents a profound security risk if they get access to our 5g network, and they want boris johnson to back off and agreed to a time limit for how long huawei can actually be involved in our 5g network. the prime minister has already said they can only have 35% of the network and that the security services are satisfied that they are not at risk. not good enough, say these tory mps. they want them out altogether, so they will be a vote tonight —— there will be a vote tonight, and it might not be a knockout vote, but it might be a signpost for a more i

so make you to worry about huawei but the u.s.is becoming more of an island with its european partners. do you think it's a concern for security? >> my sense of studying the last 20 years of cyber operation every nation will use every tool available to compete in cyber space and it's an opportunity that we would expect the chinese to try to use. >> you talk about coordination and how much at&t has helped. couldn't china make the reverse argument with a 5g infrastructure and they could then be as pervasive as is huawei theoretically. >> i think they certainly would and that's the cab and mouse game in the telecom. this is not a business where trust is a wise idea. this is a business where you should trust indefinitely should verify. singer james fowler -- >> james fowler. my question really is what about hacking expertise for higher. north korea hires out to nation-state actors and people who have expertise for sale. how does that impact? >> this is a remarkable trend. i think iran is come on the cyber the cyber seen before that wa

said they won't exclude huawei, but they will make sure they don't get vital information out of it, and the u.s. disputes that that's possible so the end result, i think, will not be that security corporation will end but of course the u.s. might have some reservations down the road on sharing information with country that is include huawei and their telecommunications framework. that being said, i think we're in the early days of a western response to that challenge, and europe and the u.s. agrees that it's a problematic, you know, that china has used the taylor communications infrastructure in problematic ways, and there is a problem that needs to be dealt with and that is a challenge, and i think, again, that's the important point here. this is something where europe and the u.s. agrees and they're trying to work out a response that can deliver an alternative to huawei in the end, a competitive and viable alternative. again you don't do that overnight, but we have seen from other businesses, for example, the ship building industry in europe, which has had have competition from ch

he is not willing to accept the role of huawei in the 5g network.date put on this, which was not enough for this quite large number now of conservatives. they wa nt to number now of conservatives. they want to see much more of a commitment from the government. we will have to see over the next few months whether there is more of a movement. the telling thing is that some of those people who are rebelling against the government i people who have been on the inside, they have seen security advice in they have seen security advice in the past, they think that they have seen enough to be very concerned about huawei being involved. they do not believe the reassurances being made by the government. the backdrop is trade talks imminently for the government, particularly for china and the united states. they are going to have to pick, and they? interestingly, a lot of the conservatives are people who might well wa nt to conservatives are people who might well want to do a deal with america when it comes to trade. and with the eu, of course. but they say tha

later on, a cnbc sitdown with the chairman of chinese tech giant huawei his take on the virus and the impact on global supply chains when cnbc returns right after this yes. the first word to any adventure. but when allergies and congestion strike, take allegra-d... a non-drowsy antihistamine plus a powerful decongestant. so you can always say "yes" to putting your true colors on display. say "yes" to allegra-d. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. >>> welcome back to the show small business loans will be available on friday for companies needing to access a lifeline amid the coronavirus outbreak kate has more for us >> one key question companies have is around handling layoffs when keeping workers on its payroll may not be realistic a franchise owne

does he agree with me that that is an absurd characterisation of huawei?my purchases from john lewis. my socks may yet even be bugged. an snp mp was struck by the line—up of speakers. you can tell this is important because of the variety of personalities set here behind me. —— of personalities sat here behind me. we have several former cabinet ministers, former deputy prime minister, the chairman of the foreign affairs select committee, the former chairman of the dcms committee was here earlier. if the tory party had a politburo, this would be it, mr chairman. laughter. chi onwurah started her career as an electrical engineer working for major telecoms firms. if someone had said to me that a couple of decades later, we would be incapable of building a european telecoms network without a chinese supplier, i would have been absolutely dumbfounded. the minister tried to reassure mps. over time, our intention is to reduce our reliance on high—risk vendors, as market diversification takes place. and we want to get to position where we do not have to use a high—

we speak with the huawei chief security officer.ns is "balance of power" bloomberg television and radio. ♪ david: the coronavirus is gripping the global economy and has brought an immediate shock to supply chains that threatens the future. one of the companies coming to terms with the challenge is chinese tech giant huawei. we welcome the chief security officer of huawei technologies coming to us from chicago. thank you for joining us. give us a sense of how many of huawei's operations are in exposed regions? andy: i am not sure how may people we have working there. in the short term we were able to sustain what we need from our supply chain and our facilities. as time goes on, there could be a greater impact on our ability to sustain production. david: how much has come back from what initially happened? you have a sense of the percentage of capacity you are operating at in china? andy: we are at fairly high capacity. we have not shared what percent we are accurate we were able to function at a high level of operations. for the imm

plus they have a leg up with huawei. let's be honest, huawei bases a lot of the technology on stuff the u.s. has in your pad and some of it they were accused of just taking but we have good thing with ericsson and nokia, samsung, cisco stepping up another american companies have stepped up and deformed this consortia to try to make sure we can go forward as a western democracy, if you will, and make sure we produce something which gets our citizen to what they want which is faster, quicker, better, bigger wireless pipes. >> we we're heading into the 200 elections and i'm wondering what you think, whether companies are doing enough to address this information and misinformation online? do think that taking enough responsibility in removing deep fake videos? we saw another step last week of an altered video of speaker nancy pelosi ripping up president donald trump's speech but in a splicing with other parts of his speech, which twitter and facebook decided was not something to take down. where do you think this conversatio

news at 5: the government defeats a group of conservative mps who are unhappy with plans to give huaweie in the uk's 56 network. in edinburgh, where the former first minister, alex salmond, is on trial for sexual assault, one of his accusers says she'd felt scared to come forward. and the wonder plant that can help tackle climate change from the sea bed — but it's disappearing from our coastline. it's 5 o'clock. our main story is the deepening crisis surrounding the spread of coronavirus. it's been confirmed that a sixth person in the uk has died, and the number of recorded cases has risen to 373. the latest victim was in his 80s and had underlying health conditions. he is said to have been infected in the uk. during the day, airlines have cancelled thousands of flights, after the foreign office warned against all but essential travel to italy. people arriving in the uk from italy are being told they should isolate themselves for 14 days, even if they don't have any symptoms. the number of deaths in italy rose by nearly 100 yesterday, to more than 460. travel is being restricted across

the government faces its first rebellion in the commons over its planned use of chinese tech firm huawei subpostmasters who say they were wrongly accused of fraud demand a judge—led inquiry into what went wrong. and we drop in on the celebrations to recognise the 100 most influential women at westminster. and i do want to celebrate the difficult women, the battleaxes and the rebels. but first, boris johnson says the coronavirus oubreak is the worst public health crisis for a generation — and he's warned that more families will lose loved ones. at a news conference he announced the government was moving to the next stage of its action plan. people with flu—like symptoms — a fever and persistent cough 7 people with flu—like symptoms — a fever and persistent cough are being asked to isolate at home for seven days. school trips abroad are banned. but he said schools would not close, and major sporting events would not be cancelled — for now. unsurpisingly, the coronavirus outbreak dominated the westminster week. and it was top of the chancellor's agenda when rishi sunak unveiled his first bu

if huawei tentacles get into the uk system, that jeopardizes u.s.tainly does. the uk is trying to make this argument that there are core and non-core parts of the 5g network in saying it's okay for huawei to be in the non-core. i don't think you can make that distinction. if huawei is in 5g, they will be able to take information and that is completely unacceptable. it's important for the u.s. to decrease our intelligence sharing with the uk if they go forward with this misguided decision. >> what about the other comment by secretary of state mike pompeo, that china has been interfering in our ability to tackle the coronavirus because they have not been honest about their numbers, i think they may have been the arm of the world health organization which as i said earlier is largely incompetent, what do you think. >> the secretary of state is absolutely right, china has been imposing extraordinary information controls on coronavirus and this has inhibited the world health organization and the cdc from trying to investigate the origins of this, china h

we drafted amendments to that year's ndaa blocking the purchase of huawei-supplied equipment. indeed we're still hearing about the need to block the purchase of huawei equipment not only for us, but for our allies. now that action was ten years ago, but china's influence has continued to grow. what we have done is pretty much our part here in the senate to expose those bad actions, even as the rest of the world has allowed beijing to co-op the trappings of capitalism to perpetuate totalitarianism. last year we saw the people of china rise up. indeed to this day that fight goes on, even though the threats and fears of covid-19 have caused those protesters to have to protest in a different way. i cosponsored the hong kong human rights and democracy act and sponsored legislation prohibiting the commercial export of covered munition items to the hong kong police force, but the world moves on even as that standoff in hong kong continues. the senate was forced to pin -- to pen a resolution asking the international olympic committee to rebid the 2022 winter games to a country that re

it does mention in the story the huawei decision over 56.are using this as an option to question again that decision. it is hard to tell. president trump has been criticised for repeatedly referring to it, lynn, as the chinese virus. yes, absolutely. and they had a call with our prime minister on friday he rang to commiserate over what was happening with the covid—19 here, and you just wonder, because he is so against how they have their foothold in this country, whether that came up in conversation as well. let's finish with the daily star on sunday, not the fact that i put the secrets of the page three girls on the front page, light reading a paper from the 1980s. girls on the front page, light reading a paperfrom the 1980s. we are talking here about won't be rubbish to our bin men. some of them have been suffering from terrible abuse from people. actually, i am very glad in a way that although i think there is really only one story in town, i think the bin men were probably going to have to reduce the services that we have because we are

in the uk, a vote went in huawei public favour in parliament to continue using the technology in the by the 5g network. we have had more detailfrom the boss, the company announced a the end of the year it is planning to cut 1000 jobs. 1250 jobs could now be under fire. he says it is facing challenging circumstances and needs to urgently improve profitability. that is the chief executive of tata steel will not replace employees who have retired or left the company. china is now africa's biggest trading partner. many africans are finding business opportunities in china. the language barrier is often a big issue, and partly because of that other schools that teach mandarin are popping up all over the continent. in zambia, the language will become examine will starting this year. so in china, saying hi, hello, is "nihau". zambians are very interested in the chinese language. it is not an easy language to learn. people are always interested if a zambian can speak it. so i did start actually on radio giving my audience some lessons just from your mundane phrases, to communicating, greeting

allegation allegations, huawei engineers and folks working here and in china corporate huawei wantedtrade secrets from t-mobile and the employees working here said we can't get those we are not allowed to steal this particular technology so the parent company sent engineers here under the guise to be employees to do business here but were given the direction to steal that technology because us employees were not up to the task so tour around this time a memo goes out companywide to say in substance if information is proprietary and valuable we will reward you. that is what concerns me is doing business here not only subject to our laws could be following direction from abroad so think about whether that parent company operates in the environment that will respect our laws it's in its best interest to do so or follow a different directive. >> and with those tools to block acquisitions by foreign companies of american-based companies, do you feel you have the tools instead of acquiring the company for the american market? they would be similar security concerns for those tools to addre

on huawei, i think huawei is slightly different because the reason is, john, we have a valid point. they do have shares in europe but i would say ever since the u.s./china trade wars last summer or two years ago started, and the ban on huawei since last june, i think some of the demand in europe has waned. huawei largely is the china brand today, of their units go into the china market so i think from the standpoint probably slightly insulated i think to your point i think it's more of a question of apple and the other brands which will have an impact from europe but right now we are seeing a 10 person haircut to iphone units and also keep in mind the demand does slowly start coming back in the second half and q2 numbers are going to be weak and the stocks are already discounting that on a month-by-month basis to see if the demand collapses beyond q3 or q4. >> balance sheet health, i imagine apple is in a league of their own but beyond that who is at the top >> absolutely. that is one good thing for apple. solid balance sheet. i think the cash flow should still be strong. it's inter

let's take a look at one other story that is near the coronavirus, and that is huawei, on the front pageg? yeah, fascinating. in another time this could be a big front page story in its own right. a very significant rebellion against the government over its decision that borisjohnson itself took to allow huawei, the chinese telecom company, to be part of building the new 5g infrastructure for the uk. we all thought there's not going to be any dramatic commons votes, we have had a big rebellion, 36 conservative mps have rebelled against these preliminary stages of allowing this to happen. there is some talk that when the legislation comes back again in the summer, it actually could fail if enough mps decide that these rebel mps have a point about these rebel mps have a point about the national—security dangers of allowing huawei to be a part of our telecom's infrastructure, and some of the names are fascinating, people like iain duncan smith, david davis, former cabinet members, not traditional back inch disgruntled people, but really standing up to the government on a very important issu