Huawei Hopes EU Will Preserve 'Open' Telecoms Market, Spain CEO Says
May 22 2019 - 10:56AM
Dow Jones News
MADRID (EFE Dow Jones)--Huawei Technologies Co.'s top executive
in Spain on Wednesday expressed his hope that European authorities
will preserve the "openness" of their telecommunications networks
and technology, and discussed how the Chinese telecoms giant is
responding to the trade restrictions it faces.
Addressing the press after a digital networks conference in
Spain, Huawei's Spain CEO Tony Jin Yong said Europe "respects the
rules" regardless of the nationality of the companies that want to
do business in the region.
The U.S. Commerce Department recently put Huawei on a trade
blacklist that threatens to cut if off from the American technology
it relies on for its smartphones, then Monday said it would waive
the measure for 90 days for some suppliers, including Alphabet
Inc.'s (GOOGL) Google. Europe's main mobile telecoms operators are
still waiting for the European Union to set its network security
standards.
Mr. Jin Yong said the news had a "big impact on the people's
mind," and the company is trying to find solutions. However he said
"we believe that this incident or these issues will not affect our
leadership," adding that Huawei has been developing operating
systems for years, so if Google does cut off access to the Android
operating system, the company will be able to have its own.
Many of Huawei's clients don't know what is happening because
"there are a lot of misunderstanding[s] in the market," Mr. Jin
Yong said. "The consumers deserve to have freedom to select the
best products."
"As always, we keep talking to the Spanish government because we
have here so many jobs, so big a presence, so many connections with
universities, industries," he said.
Mr. Jin Yong said he favors healthy competition in the industry
and prefers to buy parts in the U.S. and other countries.
This story was translated in whole or in part from a
Spanish-language version initially published by EFE Dow Jones, a
partner of Dow Jones & Co.
(END) Dow Jones Newswires
May 22, 2019 10:41 ET (14:41 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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