Huawei Technologies is pushing back against U.S. allegations that its telecom equipment poses a security risk. Huawei Deputy Chairman Ken Hu spoke on Tuesday for the first time since company CFO Meng Wanzhou was arrested in Canada. She faces extradition to the U.S. for allegedly defrauding banks to skirt U.S. sanctions against doing business with Iran.
Hu cautioned that barring Huawei will increase infrastructure costs for 5G. “From a deployment cost point of view, it will be significantly higher and will delay time-to-market of new technologies,” he said, according to Bloomberg.
In Europe, carriers and customers like Orange SA and BT Group have expressed concerns about Huawei’s equipment, on top of bans in the U.S., Australia and New Zealand. The U.S. pressured other countries to drop Huawei, alleging the telecom manufacturer can use its technology to spy for the Chinese government on governments and consumers wherever its products are used.
Initially slow to heed U.S. warnings, European officials and companies are increasingly distancing themselves from Huawei, reports Bloomberg. Even before Meng’s arrest, Huawei expressed frustration with its public perception, most recently in the U.K., where it’s seen as a security risk.
Hu said no evidence of security risks has been produced. However, in response to security concerns, Huawei is planning to spend $2 billion to upgrade its cybersecurity capabilities over the next five years. Comments? Email Us.
December 20, 2018