Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | After Years of Scrutinty, Huawei a World Leader of Network Gear, is Pulling Out of the U.S. MarketHuawei, a world leading supplier of network gear is pulling out of the U.S. market after years of government security concerns, and will refocus their attention into other global markets.
After some recent incidents, which can be traced back to China, Huawei came under scrutiny. Huawei was accused of some subversive tactics, and accused of assisting with spying by Congress. Rather than fighting in a difficult battle, Huawei has decided to gracefully bow out. Huawei estimates the U.S. accounts for around 30% of the world’s carrier business. Huawei's Chief Technology Officer, Li Sanqi stated "don't get me wrong, I'd love to get into the U.S. market. Thirty percent, it's a high-value market. Today we face reality. We will focus on the rest of the world, which is a reasonably big enough and is growing significantly." Have Huawei equipment in your network? Integra Networks provides transceivers that are compatible with Huawei network gear. Contact us to help with the programs and services that will keep your network running! Source: Shu, C. (2013, April 23). After Years of Government Scrutiny Over Security Concerns, Huawei Says It's Quitting The U.S. . Retrieved from Tech Crunch : http://techcrunch.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse
|