Huawei downplays impact of report that Trump plans to bar company's access to U.S. - News Summed Up

Huawei downplays impact of report that Trump plans to bar company's access to U.S.


A Huawei executive said Wednesday that possible new U.S. restrictions on market access will have little impact on the Chinese tech giant due to its global reach. David Wang was responding to reports that President Donald Trump plans to bar phone carriers from using technology vendors that are deemed security risks. Wang said he hadn't heard that news but he expressed confidence it would have little impact on Huawei, the biggest global maker of switching equipment for phone and internet companies. "Due to our global operations, any change in one country has little impact on our global business," said Wang, also a member of Huawei's board of directors. Huawei filed a lawsuit in March asking U.S. federal court to throw out a section of this year's American military appropriations bill that bars the government or its contractors from using Huawei equipment.


Source: CBC News May 15, 2019 12:44 UTC



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