Huawei CFO was arrest, the top Huawei executive has sent stock markets plunging around the world and threatens to derail the tenuous trade truce between the United States and China.
Meng Wanzhou, the Chinese tech company’s chief financial officer, was detained in Vancouver on Saturday at the request of US authorities.
A judge accepted Meng’s request to bar both police and prosecutors from releasing information about the case, so additional information about why she was arrested is limited. But the consequences were immediate.
US lawmakers are condemning Huawei, which they say poses a national security threat to the United States. Chinese officials have called for Meng’s release. An op-ed in the Chinese tabloid Global Times said the United States is just trying to stifle Huawei because it’s a business competitor.
Huawei official write an letter to global supplier partners:
Dear supplier partner:
I believe you have noticed that the United States has a lot of accusations against Huawei in the recent period. Huawei has repeatedly clarified that the company conducts its business globally and strictly abides by the applicable laws and regulations.
Recently, Ms. Meng Zhouzhou, the company’s CFO, was temporarily detained by the Canadian authorities on the grounds that the US government requested the extradition of Ms. Meng Xizhou in the Eastern District of New York for unspecified allegations.
Huawei has received very little information on the allegations and is not aware of any misconduct by Ms. Meng Xizhou. The company believes that the Canadian and American judicial systems will eventually give a fair conclusion. If there are further circumstances, we will inform you in time.
We believe that the US government’s pressure on a commercial company through various means is a departure from the spirit of free economy and fair competition. However, we will not change our partnership with global supply chain partners because of the unreasonableness of the US government.
Over the past 30 years, Huawei has adhered to the principles of value procurement and sunshine procurement, and has built a healthy ICT industry chain through extensive cooperation with more than 13,000 companies worldwide through mutual benefit, mutual trust and mutual assistance.
Under the wave of global technological cooperation and industrial development, the development and growth of the upstream and downstream enterprises in the industry chain are mutually dependent, honour and dissatisfaction, and Huawei’s development and growth are closely related to the development and prosperity of supplier partners. Together with our suppliers, we will increase mutual trust and jointly promote the sustainable and healthy development of the global ICT industry.
I look forward to your continued support!
Huawei Technologies Co., Ltd
December 6, 2018
Huawei is a leading company in China. It seems that this time China will set off another storm. The future limitations of electronic components are still uncertain, Allchips hope to bring Chinese electronic components to the world.
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