Huawei plans more cuts to jobs, investment in Australia amid strained Beijing-Canberra relations

//Huawei plans more cuts to jobs, investment in Australia amid strained Beijing-Canberra relations

Huawei plans more cuts to jobs, investment in Australia amid strained Beijing-Canberra relations

The Australian operation of Chinese telecommunications equipment maker Huawei Technologies said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.In 2018, Australia banned Huawei from supplying equipment for a 5G mobile network citing national security risks, a move the company criticised as being politically motivated.“In simple terms the 5G ban on Huawei has cost us 1,000 hi-tech and high-wage jobs from the economy,”…

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By | 2020-09-22T01:52:01+00:00 September 22nd, 2020|Technology|Comments Off on Huawei plans more cuts to jobs, investment in Australia amid strained Beijing-Canberra relations