The head of the Chinese tech giant said the U.S. had a “loser’s attitude.”
By Anna Fifield Anna Fifield Beijing bureau chief. Email Bio Follow March 29 at 6:28 AM BEIJING — Huawei’s profits rose by 25 percent to a record $8.8 billion last year, it announced Friday, suggesting that the United States’ global campaign against the Chinese technology titan has had no discernible impact on its bottom line.
American officials fear that Huawei, which is vying to become the global leader for next generation 5G mobile networks, has close links to the Communist Party and the military in China, and that it might be able to use its networks to spy and conduct cyberattacks. In an opinion piece for the Financial Times last month, Guo said that the United States was so opposed to Huawei because the more of its equipment was installed around the world, the more it “hampers U.S. efforts to spy on whomever it wants.” He cited revelations from Edward Snowden about how the U.S. monitors electronic communications.Over the past year, the Trump administration has embarked on a campaign to convince governments around the world to ban Huawei from its networks.
“The U.S. government is using FUD because of its worldwide hegemony,” said Fang Xingdong, director of the Center for Internet and Society at Zhejiang University of Media and Communications, using an acronym for “fear, uncertainty and doubt.”
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