NSA Spying Won't Impact Huawei's Growth
April 23, 2014 8:24 PM
comment(s) - last by
Huawei will continue to stabilize its senior leadership and isn't discouraged by reported NSA spying activities.
Huawei company officials don’t believe analysts should be concerned over revelations that the
National Security Agency (NSA) compromised Huawei servers
. Investors are now concerned Huawei, the No. 3 telecom hardware manufacturer in the world, is susceptible to outside interference.
“On the NSA… it does not have a big impact on business growth,” Huawei Executive VP Eric Xu recently said during an analyst conference. “But it has an impact on workloads, in communicating with and persuading current industry stakeholders (that producers are secure), and that’s more tiresome.”
Although Xu didn’t publicly criticize the U.S. for its spying efforts, the Chinese government has filed many official complaints about the issue.
[Image Source: AFP]
U.S. lawmakers have repeatedly accused Huawei of
working as an extension to China’s global espionage efforts
, but Huawei officials don’t seem concerned of Western influence.
The company also announced that its tradition of rotating CEOs would end, offering the company additional stability. It’s unknown when the new management infrastructure would become permanent, but a team of upper management, and not an individual CEO, will lead the company.
Huawei plans to spend more than $300 million on global marketing efforts throughout 2014, in an effort to improve brand image. The Chinese company also expects information technology investment to ramp up 14 percent this year alone, as Huawei hopes to extend its product offerings outside of China.
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My question is
4/24/2014 9:43:41 AM
Why hasn't congress cut off all spending for the NSA so they can't keep doing this to the people and to congress/senate? They clearly are a rogue agency and feel they are above the law in every way. Let them see how they operate without any funding.
RE: My question is
4/25/2014 12:53:32 AM
The US government needs its citizen to live in fear. Humans are easy to control if they fear. US government is about 2,000% over limit with their own spying scandals(yes, NSA is not allowed to spy inside the US, but who cares, we are the government!)
After so much s*it falling down on the US by breaking so many national and international laws, nobody takes the US seriously anymore. Russian and Chinese laughing their balls off about Kerry who stamped his own soldiers in Afghanistan as criminals and low-society just a few years earlier. Hilary didn't do a good job by denying firepower to the US embassy and many Americans including the ambassador was killed with Hilary's knowledge. A swat team was just a few miles away and asked to intervene. Anyways, you do sh*t like that, you lose respect. People care much less about the US as their did 10 years back. It's a downtrend, just as the debt of the US is an unstoppable uptrend. To make money for the US continent the administration and services are looking for 'income' (wars).
The US deserves what it gets, because it is a hypocrite. Playing white knight and chopping heads off behind the barn.
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