US proposes rules to vet all telecoms-related purchases

Ren Zhengfei, Huawei Technologies’ founder and CEO. File Photo - Reuters
Huawei Technologies’s founder, Ren Zhengfei, said that the company plans to shift its research centre to Canada from the United States (US).
He had earlier stated that the US is weighing expanding its power to stop more foreign shipments of products with US technology to Huawei. The US Commerce Department, in May, placed Huawei on a trade blacklist, citing national security concerns.
“Huawei's centre for research and development will be moved out of the United States. And that will be relocated to Canada,” Ren said in an interview.
He added that the company will also manufacture some mobile network equipment outside China.
The Huawei founder wants to build new factory capacity in Europe to make fifth-generation (5G) networking equipment there, hoping to assuage fears stemming from US allegations that its product could be used by China for spying, media reports stated.
Huawei was not immediately available to comment on Ren's interview when contacted by Reuters. The firm has previously denied it is a risk to US national security.
The media reported that the company spent $510 million on the operations of its US research arm last year. It has now trimmed the arm's work force by 600 to about 250.
Ren's daughter and Huawei Chief Financial Officer Meng Wanzhou, who was arrested by Canadian police on a US warrant in late 2018, is fighting extradition to the US on charges of violating sanctions against Iran. She is currently out on bail.
Huawei has denied the charges and China has urged Canada to release her. Commenting on her case, Ren said that it is an example of obvious political interference from the US.
A competent multi-tasker, the laptop has superb computing mettle with decent audio
The new generation of these popular headphones amp up the sound and improve noise cancellation plus a few new ...
CreditAccess Grameen, a Bengaluru-based microfinance company, has signed an agreement to buy ...
This is how the new Snapdragon processors is going to change the smartphone market
Returns do not move up commensurately to justify the higher risk on lower-rated bonds
The fund has managed to ride out volatility in the past two years through deft asset allocation
Your debit/credit card, mobile plan or SIP may offer free insurance cover; it is essential for you to pay ...
India will soon join the rest of the world in the shift towards passive investing, says Margaret Franklin
The World Health Organization estimates that depression and anxiety — among the more prominent mental health ...
A documentary on The Savoy is reaping awards at international festivals
A Bengaluru entrepreneur revives a traditional cotton weave with a sheen that can beat silk
A new volume of essays examines the multidimensional impact of climate change on India, and why development ...
Kerala wants to be India’s creative hub where designers ideate, imagine and innovate for tomorrow
How Fujifilm has used its imaging strength to re-invent itself
Tech interventions are speeding a brand’s journey to the store
Storytelling meets consumer insights over a cup of coffee
With land and State resources in short supply, only higher education can challenge social hierarchies, says ...
Fee hike can hit students of low-income groups
The fees for the flagship Post Graduate Programme (PGP) in Management at the Indian Institute of ...
Farmers, reeling under crop losses, feel the Centre’s crop insurance scheme is merely helping insurance firms ...