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  HOME | Business & Economy (Click here for more)

Huawei Says Restrictions on Its Products Will Only Harm the US

BEIJING – Chinese telecom giant Huawei said on Thursday that the decision by the Washington to put restrictions on its activities in the United States will only harm the interests of American companies and consumers.

In a statement, the tech giant called the restrictions “unreasonable” and said they will “infringe upon Huawei’s rights and raise other serious legal issues.”

“Restricting Huawei from doing business in the US will not make the US more secure or stronger; instead, this will only serve to limit the US to inferior yet more expensive alternatives leaving the US lagging behind in 5G deployment, and eventually harming the interests of US companies and consumers,” it added.

The Asian company, one of the world leaders in developing 5G network technology, underscored its intention of collaborating with the US government with the aim of guaranteeing the safety of its products.

These remarks come a day after US President Donald Trump signed an executive order that declared a national emergency to prohibit American companies from using telecommunications equipment manufactured by firms allegedly trying to spy on the US, which could restrict business with companies such as Huawei.

Trump took the action to thwart “foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services in the United States,” the White House said without a direct reference to China.

The executive order does not automatically impose restrictions on the purchase of telecommunications equipment but gives the US Secretary of Commerce Wilbur Ross 150 days to determine which companies must be subject to new restrictions because they pose a danger to US security.

Huawei’s President of Marketing Wang Tao said on Wednesday that the US’ ban on the use of its products would not affect the company’s economic progress as it had a very low business volume in the US.

“Our business in the US is not very big, and we are a company with global operations,” Wang Tao said in a press conference in Beijing, adding that Huawei was present in 170 countries and regions, which made it less dependent on its activities in the US.

 

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