The Australian subsidiary of Chinese telecoms vendor, Huawei, has announced plans to 'Australianise' its board of directors with the addition of three independent Australian members.
Huawei has named former Howard Government foreign minister, Alexander Downer, former Victorian premier, John Brumby, and John Lord as directors of Huawei Australia, following its announcement in April of plans to appoint local directors of the subsidiary.
Chinese technology manufacturer Huawei has appointed two former heavy-hitting politicians to its Australian board of directors as it continues its drive to demonstrate the independence of its Australian operation.
Written by: Peter Dinham | Published in: MarketChina's Huawei Technologies is to start reinvesting local profits back into the Australian market, with the local board and company founder and CEO, Ren Zhengfei, currently on a visit to Australia, already on the lookout for opportunities for further business development and investment.
A U.S. House of Representatives Intelligence Committee report recommends that top Chinese telecoms equipment makers Huawei and ZTE are shut out of the U.S. market because of the risk of espionage, Reuters is reporting. This follows an 11-month investigation of the two firms.
Just one week after Chinese telecommunications equipment giant, Huawei, was told by the Australian Government that its bids for supply to the NBN are not welcome, seemingly on security grounds, and iTWire reported the government decision and that a planned sponsorship of the ACT Brumbies Super Rugby side had fallen through at the last minute, Huawei has now announced a replacement sponsorship with
Pacific Fibre the New Zealand company planning to build a submarine cable system linking Australia, New Zealand and the USA, has seized on the Australian Government's concerns about the security of Huawei equipment to disparage a potential rival TransTasman cable system that plans to use Huawei gear.