Exclusive: White House Review Finds No Evidence of Spying by Huawei - Sources

Menn, Jospeh. "Exclusive: White House Review Finds No Evidence of Spying by Huawei - Sources." Reuters, October 17, 2012. 

From the article: "A White House-ordered review of security risks posed by suppliers to U.S. telecommunications companies found no clear evidence that Huawei Technologies Ltd had spied for China, two people familiar with the probe told Reuters.

Instead, those leading the 18-month review concluded early this year that relying on Huawei, the world's second-largest maker of networking gear, was risky for other reasons, such as the presence of vulnerabilities that hackers could exploit.

These previously unreported findings support parts of a landmark U.S. congressional report last week that warned against allowing Chinese companies Huawei and ZTE Corp to supply critical telecom infrastructure.

But it may douse speculation that Huawei has been caught spying for China." Read more

See also
Martinez, Jennifer. "White House Denies Huawei Investigation Report." The Hill, October 17, 2012.