Huawei Commits $2 Billion For Cybersecurity To Address Concerns

Huawei’s network equipment business has come under a lot of pressure recently. It continues to be the target of allegations that the networking products may allow the Chinese state to spy on their targets. The United States and some of its allies have started to effectively ban Huawei’s equipment from networks in their countries. The company has always denied the allegations and it’s now making a $2 billion commitment for cybersecurity to further address these concerns.

Huawei said today that it’s going to spend $2 billion over the next five years to improve cybersecurity by employing more people and upgrading lab facilities. The comments were made at a press conference at Huawei’s new Dongguan offices.

“We think any concerns or allegations on security at Huawei should be based on factual evidence,” the company’s rotating chairman Ken Hu said, adding that the company does not accept and opposes those allegations as they have been made without factual evidence.

He said that Huawei is communicating with governments worldwide that its operations are independent of the Chinese state. Huawei has time and again said that Beijing has no influence over the company. He also addressed recent reports about Japan and France banning its telecom equipment, saying that the countries have not formally banned the company’s equipment.

Adnan Farooqui
Categories: General
Tags: China, Huawei