Huawei reduces focus on U.S. market
Chinese telecoms equipment maker cites trade protectionism and phobia from the U.S. government as reasons.
SHENZHEN -- Trade protectionism and phobia pushed Huawei to reduce its focus on the U.S. market earlier this year, which has proven to be a "commercial disappointment" for the Chinese telecoms equipment manufacturer.
According to Scott Sykes, Huawei's vice president of international media affairs, the decision to move away was not a reflection of the company's changing commitment to the U.S. market, but of a commercial reality that there were no opportunities for the Chinese telecoms equipment manufacturer in the foreseeable future.
Sykes was commenting on an April announcement by Eric Xu, the company's executive vice president, who declared Huawei was "not interested" in the U.S. market anymore and had decided to shift its focus to Europe.
Read more of "Huawei: U.S. market a 'commercial disappointment'" at ZDNet.