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UK Says It Will Make Its Own Decision on 5G And Huawei

Author:
Eray Bekir
Blog

The U.K. government said it will make its own decision as to whether to include Huawei technology as it builds out its 5G network.

The United States has asked allies to reject Huawei’s infrastructure on fears it could open up avenues to Chinese spying, a claim the tech firm has repeatedly rejected. The U.S. has even blacklisted Huawei, among other firms, effectively blocking the company from sourcing components and tech from America.

The U.S. Commerce Department said in a statement Wednesday that the move aimed to protect U.S. technology from “foreign-owned entities” that could undermine national security. In response, Huawei said that it is willing to work with U.S. officials to ensure product security.

On Thursday, the U.K.’s Secretary of State for Culture, Media and Sport, Jeremy Wright, told CNBC’s Karen Tso that Britain would decide on Huawei equipment after its own review.

“The United States has to make its own decisions. We need to make ours,” he said, before adding: “The view that we’ve taken is that it is more sensible to do a properly-based review of the security of the whole telecoms supply chain.”

Source: www.bloomberg.com

 

 

International Financial Markets Department

Euro-Finance Ltd.

forex@eurofinance.bg

www.eurofinance.bg 

*This material should not be considered as a recommendation for buying/selling securities