Wednesday, July 17, 2013

Huawei: U.S. market a 'commercial disappointment'

SHENZHEN--Trade protectionism and xenophobia 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 foreseea 
ble future.
Sykes was commenting on an April announcement by Eric Xu, the companys executive vice president, who declared Huawei was "not interested" in the U.S. market anymore and had decided to shift its focus to Europe.
"Despite the fact we have done our best to communicate about our company, and have been in business for 26 years with telecom operators around the world, the challenges we face in the U.S. are not about Huawei or the security of our equipment," Sykes said, speaking to ZDNet Asia in an interview here Tuesday.