How Washington chased Huawei out of Europe – POLITICO

Globe News Wire 12.07.2022 1 min read
How Washington chased Huawei out of Europe – POLITICO

Huawei is giving up on Europe. The Chinese language telecoms large is pushing out its pedigreed Western lobbyists, retrenching its European operations and placing its ambitions for international management on ice.

The explanations for doing this have little to do with the corporate’s industrial potential — Huawei remains to be in a position to supply cutting-edge know-how at decrease prices than its opponents — and every thing to do with politics, in response to interviews with greater than 20 present and former employees and strategic advisers to the corporate.

Pressed by the USA and more and more shunned on a Continent it as soon as thought of its most strategic abroad market, Huawei is pivoting again towards the Chinese language market, focusing its remaining European consideration on the few international locations — Germany and Spain, but additionally Hungary — nonetheless prepared to play host to an organization broadly considered within the West as a safety threat.

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