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Huawei leaves U.S. market

December 4, 2013

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Huawei has decided to leave the market in U.S. where the company made 1 billion USD in sales. The satement about leaving american market was made by Ren Zhengfei, the CEO of Huawei in an interview with French news server Les Echos. The reson for leaving USA is according to Zhengfei the “hostile environment“. Huawei has been accused of close cooperation with Chinese government and military in a Congress report in July 2012. Since that time, the U.S. government is warning american companies not to use Huawei products. Huawei tried to fight cyberespionage allegations in October this year by publishing report denying any connection with the Chinese government.

Source: Foreignpolicy.com

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