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Huawei sells the business of laying underwater telecommunication cables

Huawei sells the business of laying underwater telecommunication cables

Huawei sells its submarine telecommunications cable installation department after the US Department of Commerce has listed the company and its 67 subsidiaries on the blacklist.  This is reported by Bloomberg.

Huawei Marine is a joint venture of Huawei and the British company Global Marine Systems.  The company was engaged in the construction of linear underwater communication systems.