Huawei says U.S. restrictions are a drag

Home > Business > Industry

print dictionary print

Huawei says U.S. restrictions are a drag

Karl Song, vice president of corporate communication at Huawei Global, urged the U.S. to stop restrictions on Chinese businesses to bring life back to the global economy in a video message to the Korean press on Wednesday. [HUAWEI]

Karl Song, vice president of corporate communication at Huawei Global, urged the U.S. to stop restrictions on Chinese businesses to bring life back to the global economy in a video message to the Korean press on Wednesday. [HUAWEI]

 
The U.S. must stop restrictions on Chinese businesses to bring life back to the global economy, Shenzhen-based tech company Huawei said.
 
“These actions have hugely affected our business, but they have hurt the global semiconductor industry even more,” said Karl Song, vice president of corporate communication at Huawei Global, in a video message to the Korean press on Wednesday.
 
“They have effectively disrupted trust throughout the global supply chain," he continued. "We need to get the semiconductor industry back on track. Rebuilding trust and restoring collaboration across the global supply chain will be crucial to keeping the situation from getting even worse.”
 
Song’s message came during a year-end press conference held by Huawei Korea in central Seoul. Song initially planned to come in person, but could not attend due to the pandemic situation.
 
“It's true that there are still many challenges ahead of us, like those that have affected our consumer business revenue,” Song said. “But we are fully confident in our long-term development for many reasons.”
 
Sun Luyuan, CEO of Huawei Korea, speaks during the press conference held on Wednesday in central Seoul. [HUAWEI]

Sun Luyuan, CEO of Huawei Korea, speaks during the press conference held on Wednesday in central Seoul. [HUAWEI]

 
A major keyword of Wednesday’s conference was talent.
 
The company said it will invest $15 million over the next five years to nurture fresh talent in the global digital sector, including in Korea. No specific figure for the company’s investment in Korea was given.
 
“Huawei Korea has created hundreds, possibly thousands, of jobs here in Korea,” said Sun Luyuan, CEO of Huawei Korea.
 
“It is the path of sustainable growth along with our customers and clients that we plan to take into the future. And to do so, we promise to nurture global talents as well as those in Korea.”
 
According to Sun, who took over the Seoul office in early 2020, Huawei Korea has helped educate 3,000 individuals in Korea through various programs such as workshops, scholarships, free online courses and providing job consultations to university students.
 
Thousands of jobs were created thanks to Huawei Korea’s direct and indirect partnerships with local companies, Sun said.
 
“We have been hiring more in Korea this year, and that’s resulted in over 80 percent of our employees being Korean,” Sun said.
 
“Next year marks the 20th anniversary for Huawei Korea. And we believe that during those years, we have been a responsible member of the ICT field in Korea.”

BY YOON SO-YEON [yoon.soyeon@joongang.co.kr]
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now