Huawei Giving-Up on U.S. Market Expansion

Posted by at 12:08 pm on April 24, 2013

Huawei has revised sales estimates for its wireless networking business downward after reassessing its chances in the U.S. market.

Huawei had hoped U.S. network operators, such as Sprint, would purchase its networking equipment and boost its presence here. The company met with resistance from members of the U.S. government, which cast suspicion on the company’s ties to the Chinese government.

Huawei has steadfastly denied such claims. However, it has not been able to gain the traction it wanted with U.S. companies. “We are not interested in the U.S. market anymore. Generally speaking, it’s not a market that we pay much attention to,” said executive VP Eric Xu. Huawei still sells cell phones though U.S. network operators

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