• Loading stock data...
PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Technology » Huawei U.S. Security Chief shut down allegations of I.P. thefts

Huawei U.S. Security Chief shut down allegations of I.P. thefts

Leean Vitudio by Leean Vitudio
December 29, 2019
in Technology
2 min read
40
0
Huawei U.S. Security Chief shut down allegations of I.P. thefts

Huawei at Mobile World Congress 2015 Barcelona. Photo: Kārlis Dambrāns | Flickr | CC BY 2.0

Global market leader in telecommunications technology and one of the biggest smartphone manufacturers in the world, Huawei, through its U.S.A.’s chief security officer, Andy Purdy, once again shut down allegations regarding the Chinese firm stealing intellectual properties last Friday.

In an interview with CNBC, Purdy said that the allegations of I.P. thefts were untrue, adding that the company respects intellectual property rights.

“There are instances of wrongdoing by other companies and us, and any instance of that is wrong,” Purdy told CNBC’s “Squawk Box.” “I’m saying when you conflate it to be this gigantic thing, that’s not true.” 

For the past few years, Huawei has been the center of a controversy after the United States government’s allegation of stealing intellectual properties and patents. However, amidst these claims, the China-based tech giant has since maintained innocence. Back in May, Purdy told CNBC that he doesn’t tolerate or “forgive acts that have happened in the past.”

“I understand that’s your position. I understand that’s the position of the U.S. government,” he said. “That’s not the facts when you look at the objective information.”

He also denied on the same interview on Friday that the company received billions in government financial support, calling it “drastically overstated.” A few days ago,  The Wall Street Journal reported that Huawei received as much as $75 billion in Chinese support over the past 25 years. The report alleges that such support has catapulted the rise of Huawei as one of the world’s biggest technology firms. 

Leean Vitudio

Leean Vitudio

Living a double life: marketing executive by day, writer at the dead of night.

Related Posts

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts
Technology

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts

June 12, 2020
155
Tiktok named its new CEO Kevin Mayer
Social Media

TikTok Named Kevin Mayer as its new CEO to Lead its U.S. Operations

May 19, 2020
153
Virgin Galactic
Technology

Richard Branson to Sell More Than a Fifth of Virgin Galactic Shares

May 12, 2020
116
Uber removes 3,700 employees or 14% of its global workforce
Technology

Uber Slashed 14% of its Global Workforce to Compensate COVID-19 Pandemic Losses

May 6, 2020
135
Airbnb Job Cuts COVID-19 Pandemic
Technology

Airbnb Cuts 1,900 Jobs to Compensate Losses

June 18, 2020
123
Sheryl Sandberg said that learning from their mistakes in the past prepared Facebook for crisis like COVID-19.
Technology

Facebook COO says they are ready for crisis because they learned from their mistakes

April 1, 2020
121
Currently Playing

Subscribe To Our Newsletter

Ad

PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2020 PublicWire.com

Navigate Site

  • About
  • #96576 (no title)
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • #370 (no title)

© Copyright 2020 PublicWire.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Public Wire Logo

Hello please subscribe to our newsletter to get up to date news weekly!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.