LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

Huawei calls for swift end to case of executive arrested in Canada

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Tue, Jan 22, 2019
10:00 pm
Reuters
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

China`s Huawei Technologies wants a quick resolution of the case of its former finance chief Meng Wanzhou, who is accused of violating U.S. sanctions on Iran and has been detained in Canada, its chairman said on Tuesday.

The United States has told Canada it will request Meng`s extradition, but has not said when it will do so, David MacNaughton, Canada`s ambassador to the U.S., said in a Globe and Mail interview on Monday.

"We are following this issue closely but haven`t had direct contact with the authorities. We will call for a quick conclusion for Ms. Meng so that Ms. Meng can have her personal freedom," Chairman Liang Hua told media on the sidelines of the World Economic Forum (WEF) in Davos.

Weng, who is the daughter of Huawei founder Ren Zhengfei, was arrested in Canada on Dec. 1 and released on bail last month. The deadline for filing an extradition request is Jan. 30 and Meng is due to appear in court in Vancouver on Feb. 6.

The world`s biggest producer of telecommunications equipment faces scrutiny over its relationship with Beijing and U.S.-led allegations that its devices could be used for spying.

Huawei, which has repeatedly rejected such allegations, will allow foreign officials to visit its labs, Liang, who was appointed acting chief financial officer in December, said.

"We operate our business globally, and in every country we fully comply with local laws and regulations," Liang said, adding the company welcomed requests to see the tech giant`s product development business as well as other units.

Meng`s arrest soured relations between China and Canada, with Beijing detaining two Canadians and sentencing to death another who was previously found guilty of drug smuggling.

The detention has also damaged already tense Chinese relations with the United States, with President Donald Trump telling Reuters in December he would intervene in the U.S. Justice Department case if it would serve national security interests or help close a trade deal with China.MEDIA BLITZ

Liang`s appearance in Davos is part of a public relations blitz by the Chinese tech giant as it seeks to ease concern among Western nations.

"We don`t see any evidence ... to say that Huawei is not safe. Cybersecurity is a common challenge. It is not an issue about any single company," he said.

Polish authorities arrested a Huawei executive on spying allegations this month. While the Chinese national, who was sacked, denied the allegations, Huawei is preparing for potential fallout from its biggest Western markets.

It been shut out of Australia and New Zealand`s markets for fifth-generation (5G) mobile telecoms equipment, while Trump may ban all Huawei equipment with an executive order.

"It’s customers’ choice if they don’t choose Huawei, and for the customers who choose us, we will focus on providing better services," Liang said.

Liang said cybersecurity and privacy protection are a "top priority", adding that Huawei will invest $2 billion in the next five years on its software engineering capability and product reliability.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

LATEST NEWS

Stocks to buy with Anil Singhvi: Indoco Remedies is Sandeep Jain's recommendation today - Here is why

Vaccine, Pharma, Insurance, Cement to Auto - here are top Buzzing Stocks today

Apex Legends Mobile pre-registration: Will this game overtake PUBG Mobile, COD Mobile and Free Fire in India? Check here!

BSE, NSE to remain CLOSED today; next stock markets holiday in May on THIS date

Expert says BUY SBI stock, price target Rs 430, stop-loss Rs 310

Nemish Shah stocks: Find out what experts have to say about this ace investor's portfolio

EPFO adds 12.37 lakh subscribers in Feb, 70 lakh added in current financial year

UP, Jharkhand lockdown news: Weekend lockdown in Uttar Pradesh, Jharkhand under lockdown from April 22-29; Only essential services to be allowed

UGC NET Postponed 2021: Revised dates for the exams to be announced later - check all details here

Check best Ram Navami 2021 WhatsApp status, DP, stickers, GIFs, wishes, quotes, messages and greetings

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved