HuaweiA Huawei executive has admitted that the company doesn?t expect to see any individual growth in the U.S. market this year. The statement comes following the U.S. government?s increased pressure for wireless providers to drop the company?s telecom equipment. It has been alleged that Huawei and ZTE are in cahoots with the Chinese government and pose a potential threat to national security.
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In an interview with The Wall Street Journal, Huawei?s vice president in charge of the company?s wireless network marketing, Bob Cai, revealed that recent security concerns over its network infrastructure equipment has effectively shut it out of the country and as a result it will experience no growth in the U.S. market.
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Huawei is expected to see global growth of at least 10% this year, a decline from 11% in 2012. The company?s mobile devices and network equipment remain popular in Asian and European markets, however government officials in Europe are also cautious about carriers? relationship with the Chinese company.
This article was originally published on BGR.com
Source: http://news.yahoo.com/huawei-doesn-t-expect-gain-ground-u-024923982.html
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