Thompson on Huawei, ZTE Report, Apple Stock Outlook
Oct. 8 (Bloomberg) -- Scott Thompson, an analyst at FBR Capital Markets, talks about a House intelligence committee report on Huawei Technologies Co. and ZTE Corp., China’s two largest phone-equipment makers.
The congressional report to be released today says Huawei and ZTE provide opportunities for Chinese intelligence services to tamper with U.S. telecommunications networks for spying. Thompson also discusses the outlook for Apple Inc. stock. He speaks with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." (Source: Bloomberg)