• New Homepage
  • Services
  • About Us
  • Portfolio
  • Blog
Monday, June 9, 2025
Swypam
ADVERTISEMENT
  • Home
  • HowTo
  • Digital Marketing
  • Ghana Guide
  • Blog
    • Tech News
    • Home Tech
    • Sports Tech
    • For Nigerians
    • Gadget Reviews
  • Home
  • HowTo
  • Digital Marketing
  • Ghana Guide
  • Blog
    • Tech News
    • Home Tech
    • Sports Tech
    • For Nigerians
    • Gadget Reviews
No Result
View All Result
Swypam
No Result
View All Result

Huawei executive says US export ban will cost American jobs

businessbybusiness
November 15, 2023
inTech News
0
Richard Yu, CEO of the Huawei Consumer Business Group, attends the launching of the new generation of its smartphone, Huawei P20, in Paris, France March 27, 2018. REUTERS/Gonzalo Fuentes - RC1D204937C0

Richard Yu, CEO of the Huawei Consumer Business Group, attends the launching of the new generation of its smartphone, Huawei P20, in Paris, France March 27, 2018. REUTERS/Gonzalo Fuentes - RC1D204937C0

Tweet
Share
Share
Pin
0 Shares

Huawei’s chief security officer, Andy Purdy has confidently admitted that Huawei will survive the US pressure campaign against them but unsure how American jobs may fare.

Purdy who is a former head of the US Department of Homeland Security’s national cybersecurity division has told reporters that the Trump Administration is taking the wrong steps to protect the country, to the detriment of American companies.

“Given the United States’ vulnerability in cyberspace, I think the government is bending over backwards to make America safe, but they’re going too far,” Purdy said.

“If we are forced to go our way, we’ll be okay. But in the long term, I don’t know that Huawei will come back (to America) and I think America will be hurt.”

Andy Purdy, Huawei Chief Security Officer

The US government says the Chinese company poses a national security risk because Beijing government officials could use its technology to spy on Americans. Huawei fiercely denies this. The White House imposed restrictions on using government funds to buy Huawei telecom equipment and banning American companies from selling to Huawei.

US President Donald Trump, after meeting last month with Chinese counterpart Xi Jinping, said he would relax the ban, though it remains unclear what and when American suppliers can restart sales to the Chinese company.

As trade talks drag on, American companies have spoken up about the harm to their business caused by the ban, and have looked for ways around it.

Huawei purchased $11 billion in American goods in 2018, according to its annual report. Purdy said if the company is no longer able to do that, it could hurt workers at its American suppliers like Google, Intel and Qualcomm.

“The impact on American jobs is going to be very significant,” Purdy said.

Asked for comment, the Commerce Department pointed to an address by Secretary Wilbur Ross on July 9 referencing the easing of the ban. He said Commerce would issue licenses to American companies to sell to Huawei “where there is no threat to US national security.”

“The private sector must act responsibly, and protect technologies with national security ramifications,” Ross said in the address. “It is wrong to trade secret or sensitive IP and source codes for access to a foreign market, however lucrative that market might be.”

Although Purdy’s comments referred to jobs at the American companies Huawei buys from, there have also been reports that Huawei is scaling down its US operations. The Wall Street Journal reported last week that Huawei is planning to lay off hundreds of workers from its US-based research and development operations, citing people familiar with the matter.

Though Huawei downloaded its projected revenue growth for 2019 by $30 billion, Purdy said the company will ultimately survive even if it is cut off from the United States altogether.

“We’re going to be fine,” Purdy said. “But is America going to be fine?”

Source: CNN

Related

Tweet
Share
Share
Pin
0 Shares
Previous Post

Tinder rebels against Google Play app fees by taking direct payments

Next Post

Samsung Galaxy Fold ‘ready’ for launch after screen fix

Next Post
Gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==

Samsung Galaxy Fold 'ready' for launch after screen fix

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Join our Weekly Newsletter

Video of the day

https://youtu.be/q8euIcFbec4

Trending

  • 7 Creative Hacks to Skyrocket Your Rankings in 2024
  • Looking for an SEO Edge? 7 Unorthodox Strategies for 2024
  • Top 10 Ghanaian Movies On Netflix 2024.
  • Struggling with Webinar Attendance? 7 Strategies to Get More Attendees
  • The Truth About SEO Results: How Long Does it Really Take?

SwypAm

Experience what it means to be young, fun and free! We bring you the latest happenings in Entertainment, sports, lifestyle and Gists.

    Quick Links

    • About
    • Contact Us
    • Privacy Policy
    • Our Terms and conditions
    • Address:Hse NO.1, Seventh Road, SSNIT Flats Dansoman Accra, Ghana
    • Digital Address:GA-584-1830
    • Phone:(+233) 243-874-264
    • Email:Swypam@nalosolutions.com

    Contact US

    • Address: Hse NO.1, Seventh Road, SSNIT Flats Dansoman Accra, Ghana
    • Digital Address: GA-584-1830
    • Phone: (+233) 243-874-264
    • Email: Swypam@nalosolutions.com

    © 2024 SwypAm. All Rights Reserved.

    No Result
    View All Result
    • Home
    • HowTo
    • Digital Marketing
    • Ghana Guide
    • Blog
      • Tech News
      • Home Tech
      • Sports Tech
      • For Nigerians
      • Gadget Reviews

    © 2024 SwypAm. All Rights Reserved.

    We use cookies to ensure that we give you the best experience on our website. Visit our Privacy policy.I Agree