Huawei to exit U.S. over spying claims
Huawei founder and chief executive Ren Zhengfei said in an interview with French publication Les Echos that, in order to avoid tensions between the US and China, Huawei has "decided to exit the U.S. market, and not stay in the middle". Mr. Ren had not given interviews before last May when he spoke to a group of New Zealand journalists.
Mr. Ren told them that intense scrutiny from the U.S. over Huawei's contracts with the Chinese government and the military was due partially to jealousy about the company's success. He denied any espionage links.
The announcement means that Huawei will no longer seek telecommunications deals on U.S. networks and it is to be seen will the company stop to sell its equipment in the U.S. Huawei sells products to more than 140 countries and serves over one-third of the world's population. ■