Huawei says 'survival' top priority - News Summed Up

Huawei says 'survival' top priority


By AFPMore by this AuthorChinese telecommunications giant Huawei said Tuesday that "survival" was its top priority after announcing 2019 sales were expected to fall short of projections as a result of US sanctions. "Survival will be our first priority" in 2020, said Xu, the current chairman under the company's rotating leadership scheme. US intelligence chiefs state flatly that Huawei cannot be trusted and its equipment is a threat to national security -- an accusation the company has dismissed. Washington has banned US companies from selling equipment to Huawei, locking out the smartphone giant from access to Google's Android operating system. But other nations have not shut the door on Huawei, with Germany so far resisting pressure to exclude the Chinese company from supplying technology for its 5G infrastructure.


Source: Daily Nation December 31, 2019 02:48 UTC



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