SME Times is powered by   
Search News
Just in:   • Sensex ends 135 points lower, Jet ends 32% lower  • Jet stocks sink as investors react to suspension  • Notice to Samsung for not passing GST cut benefit to consumers  • Air India keen on taking 5 grounded Jet Boeings  • US stocks fall as health care shares lag 
Last updated: 12 Feb, 2019  

Huawei.9.Thmb.jpg US warns Europe against using Huawei

Huawei.9.jpg
   Top Stories
» Govt suspends LoC trade
» Informal sectors of agrarian India yet to recover: Report
» Cabinet approves extension of duration of New Urea Policy
» Cabinet approves India-Denmark pact on renewable energy
» Three-day Home Expo India 2019 kicks off
IANS | 12 Feb, 2019
US Secretary of State Mike Pompeo warned European countries that using technology from Chinese tech giant Huawei could hurt their relationship with Washington.

Speaking in Hungary, the first stop in a five-nation European tour, Pompeo said on Monday that the US has an obligation to alert other governments to the risks of building networks with equipment from the Chinese telecommunications giant, reports CNN.

"What's imperative is that we share with them the things we know about the risks that Huawei's presence in their networks presents," he said.

"Actual risks to their own people, to the loss of privacy protections for their own people, the risk that China will use this data in a way that is not in the best interest of Hungary."

If countries use Huawei equipment, "it makes it more difficult for us to partner alongside them", Pompeo said.

Huawei has been in bad light after the US Justice Department last month filed a host of criminal charges, including bank fraud, obstruction of justice and theft of technology, against the company and its detained Chief Financial Officer Meng Wanzhou.

Huawei, one of the world's top smartphone makers, has repeatedly denied that its products pose a national security risk.

It also maintains that it is a privately owned company with no ties to the Chinese government.

While Huawei is largely shut out of the US market, it does significant business in Europe where it has some 40 per cent of the telecommunications equipment market, CNN said.

But global mobile carrier Vodafone said last month that it was suspending the deployment of Huawei equipment in core networks in Europe, given the political uncertainty surrounding the Chinese firm.

In the UK, telecommunications operator BT said it would not buy Huawei equipment for the core of its 5G network but would continue to use it for other parts such as mobile base stations.

German Chancellor Angela Merkel said last week that "there are big discussions about Huawei" in the country.

Outside of Europe, Australia and New Zealand restricted the company last year from providing equipment for 5G networks. Canada is considering similar measures.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 19 Apr, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Calicut University Collaborates with ACCA(1)
» Economic concerns amid poll heat(1)
» Appoint distributors, expand your business(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter