China’s Huawei, the world’s largest maker of telecommunication network equipment, does not see itself becoming the target of US sanctions and will keep buying US chips this year, one of its three rotating chairmen told a French newspaper.
Huawei says does not expect US sanctions
Another major Chinese telecommunications equipment maker, ZTE Corp, was hit last month by a $1.4 billion settlement deal after the US government said the firm broke an agreement to discipline executives who conspired to evade US sanctions on Iran and North Korea. Asked if he feared his company could also be hit by sanctions, Ken Hu, one of Huawei’s rotating chairmen, told Le Journal du Dimanche:
“It would be hard to imagine. Ten years ago we put in place a system to control our exports, which has become very efficient. Our policy is to closely implement all laws and regulations introduced by Europe, the United Nations and the United States.” Asked if Huawei could do without US components, Hu said the company’s logistical chain was international. “We must be open and choose the best technologies, the best products. We will, therefore, keep buying American chips this year.”
Earlier this year, US lawmakers asked Alphabet Inc’s Google to reconsider working with Huawei, which they described as a security threat. And a deal with US telecom firm AT&T Inc T.N to sell its smartphones in the United States collapsed at the 11th hour due to security concerns.
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