🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

U.S. envoy to EU: customers should avoid Huawei due to security concerns

Published 01/02/2019, 02:37 am
Updated 01/02/2019, 02:40 am
© Reuters.  U.S. envoy to EU: customers should avoid Huawei due to security concerns

BRUSSELS, Jan 31 (Reuters) - The United States wants to steer people away from Huawei HWT.UL towards Western products, the U.S. envoy to the European Union said on Thursday, adding that there exists a great deal of classified evidence of security breaches by the Chinese telecoms gear provider.

"The U.S. is very supportive of the discouraging the purchase of any Chinese digital products that involve potential national security implications and steering people away from Huawei into Western products is our desired outcome," Gordon Sondland told Reuters before an event in Brussels.

Asked about security issue with Huawei's products, he said: "There is a lot of evidence, most of it classified."

Reuters on Jan. 30 reported that the European Union is considering proposals that would effectively amount to a de-facto ban on Huawei Technologies Co. equipment for next-generation mobile networks on security grounds.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.