Chinese multinational technology company, Huawei Technologies, has voiced its opposition to a set of amendments that were made by the US Department of Commerce. The amendments under the US foreign direct product rule were formulated in a way that targets Huawei.
This came days after the US government announced that it will impose new restrictions on Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.
“The US government added Huawei to the Entity List on May 16, 2019 without justification. Since that time, and despite the fact that a number of key industrial and technological elements were made unavailable to us, we have remained committed to complying with all US government rules and regulations. At the same time, we have fulfilled our contractual obligations to customers and suppliers, and have survived and forged ahead against all odds,” Huawei said in a statement to Bizna Kenya.
According to Huawei, the latest rule by the US government will impact the expansion, maintenance, and continuous operations of networks worth hundreds of billions of dollars that we have rolled out in more than 170 countries.
“It will also impact communications services for the more than 3 billion people who use Huawei products and services worldwide,” said Huawei.
The Huawei US sanctions that have been installed by the current US government have been widely seen as an attempt to stifle the fast rising global technology firm. “The US is leveraging its own technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology and supply chains. Ultimately, this will harm US interests,” said Huawei.
Even as Huawei expects its business to be affected by the rules from the US, the company has pledged to seek for a resolution. “We will try all we can to seek a solution. We hope that our customers and suppliers will continue to stand with us and minimize the impact of this discriminatory rule,” it said in the statement on the Huawei US sanctions.