Huawei to sell undersea cable unit to deflect US spy claims

Smaller Chinese group to buy venture that installed lines in Asia and Africa

Huawei has installed 50,000 km of undersea cable in about 90 projects, mainly in Asia and Africa. Such cable is crucial for global telecom networks. © Reuters

TAKASHI KAWAKAMI, Nikkei staff writer

June 4, 2019 00:55 JST

GUANGZHOU -- Chinese telecommunications equipment maker Huawei Technologies intends to sell its undersea cable business, in an apparent attempt to parry U.S. claims that the company poses an information security risk.

Cable maker Hengtong Optic-Electric, based in China's Jiangsu Province, said in a Shanghai Stock Exchange filing on Monday that it seeks to buy the Huawei unit.