Categories Technology, U.S. Markets News

Countries that have banned Huawei from their 5G plans

2018 has not been the best year for Huawei Technologies. The company was banned by several countries from their 5G development projects due to security concerns, with Japan being the most recent one. Here is a look at the countries that have blocked Huawei:

Japan

Japan is the latest country to ban networking equipment from Huawei and ZTE Corp. due to security concerns. Three Japanese carriers decided not to use 4G equipment or adopt new 5G hardware made by Chinese companies. These carriers will continue to sell phones and tablets made by Huawei and ZTE as the level of security risk from these devices is considered lower.

US

The US government banned its agencies from using Huawei and ZTE Corp. technology and excluded both companies from its 5G plans due to national security concerns over alleged links between Chinese firms and the Chinese government.

The US is said to have asked its allies to refrain from using Chinese telecom equipment citing risks of communications monitoring. The US reportedly offered financial benefits to those who sided with it on this matter while reducing assistance for those who chose otherwise.

Australia

In August, Australia banned Huawei and ZTE from being involved in the country’s 5G development efforts due to national security concerns. Australia had previously banned Huawei from one of its broadband-related projects.

Huawei, ZTE face 5G bans in Australia

New Zealand

In November, New Zealand barred its carrier Spark from using Huawei’s networking equipment for its 5G plans due to concerns over national security. However, the country is approaching this decision cautiously as it has a strong trade relation with China and is looking at options to reduce security risks, if any, rather than banning the Chinese firm completely.

New Zealand also dismissed claims that it was working under the influence of the US and Australia following their decisions to block Huawei.

UK

Earlier this month, British telecom firm BT Company said it will not use core technology from Huawei for its 5G network but will work with the Chinese firm in minor areas of its 5G infrastructure development.

BT said its decision was based on a routine business process and not due to concerns over national security. However, the head of British intelligence services said the UK would have to look more closely into the involvement of Chinese firms in 5G development.

Others

Canada is said to be mulling a similar prohibition following the arrest of Huawei’s CFO last week. Huawei has repeatedly refuted claims regarding security risks associated with its products and despite facing bans in several countries, the company remains positive over its work in 5G technology. Huawei has reportedly signed deals with over 20 countries, including France, for the development of 5G.

 

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q1 2024

Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or

ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up

Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results

Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was

Comments

  1. Pingback: teak furniture

Comments are closed.

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top