Huawei. The Chinese company is currently very close to having some products banned in Europe for use in the 5G networks that will be launched in the coming years on the continent. In an attempt to reassure the governments of the countries in which it is active, the Huawei company announced that it would invest 2 billion dollars to solve the security problems that its products have, but warned that this process is a long-term one, Unfortunately.
Huawei. According to an open letter that was published in Great Britain, the Chinese say that they would need 5 years to solve the security problems that the country's authorities reported to them. Huawei also stated that no one has presented any public evidence on the basis of which the accusations based on which the company is considered to be a risk for the national security of European countries, and not only that, and it is possible that we will never see them.
Huawei says that it takes up to 5 years to solve security problems
Huawei. 5 years is a very long period of time, and apart from the investments in Great Britain to solve security problems, the Chinese want to make a center for cyber security including in Poland. There, a former director of the company was hired because he would have facilitated the sale of state secrets to the Chinese government, and now Huawei wants to make that center for cyber security, probably to enter into better relations with the local government.
Huawei has earmarked $2 billion to address security concerns raised by the organization that monitors the use of the company's kit in the UK's network infrastructure but has said the process could take up to five years. Our solid track record in security is our strongest evidence [against the security allegations]. The governments in some countries have labeled Huawei as a security threat, but they have never substantiated these allegations with solid evidence.
Huawei. The European problems of the company will not be solved by a center for cyber security, or by investments in improving product security, which could only take place in 5 years. Huawei needs to do something very quickly to appease all the countries that want to ban its products, otherwise the risk of this happening is getting bigger and bigger, and from that moment on, the company's reputation will be completely destroyed globally.
