The ZTE Axon 10 Pro 5G will be available in the first half of this year in Europe and China. The company has partnered with carriers like China Unicom, Elisa and Hutchison Drei Austria to make the phone available in these markets.
Mounting concerns in Europe and elsewhere about letting China’s ZTE Corp. and Huawei Technologies Co. provide vital components for fifth-generation cellular networks have coincided with Samsung’s ambition to capture 20 percent of the global market by 2020.
The Bloomberg report did not say any Chinese tech firms were involved in the attack. But Lenovo shares plunged 15 percent on fears that consumers and businesses could become reluctant to buy Chinese tech goods.
The nature of 5G technology means security protocols governing earlier networks won’t sufficiently protect against national security threats, according to a statement from Australian Treasurer Scott Morrison and Communications Minister Mitch Fifield.