Tuesday, 11 December, 2018

US Reportedly Investigating Alleged Iran Sanctions Violations By China's Huawei

US Ban On ZTE Pushes China To Ramp Up Chip Development The US- China Face-off: Is It About Trade? Or National Security?
Olivia Ford | 27 April, 2018, 00:58

China has called on Washington to avoid damaging business confidence following a report US authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran.

Huawei Technologies, China's largest telecommunications equipment and smartphone maker, has tried for many years to break into the United States market, to little avail.

In a cryptic message shared via Reuters on Wednesday, ZTE said it planned to take "certain actions" under us law to counter the ban, but what exactly that means remains unclear.

On its part, Huawei says that it complies with all applicable laws and regulations in the countries where it operates.

Later that day, a senior US Commerce Department official told the Wall Street Journal that the agency had granted ZTE's request to present additional evidence on the case, even though the company does not have the right to make an appeal under the department's regulations. ZTE, which has also been linked to the Chinese government and possible espionage issues, was found guilty a year ago of sending goods and services to Iran and North Korea, and fined $1.19 billion. The company also pledged to shoulder responsibilities to global clients, consumers, partners and suppliers and insist on independent innovation in core technologies, People's Daily reported Tuesday.

Chinese foreign ministry spokeswoman Hua Chunying said she had seen the report.

"We hope that the United States will not take actions that further harm investors' mood towards the business situation there".

That is in stark contrast with ZTE, the Shenzhen-based telecommunications equipment maker that is both Huawei's competitor and comrade in the global technology race. Earlier this year, USA officials warned Americans not to buy Huawei devices for fear that they could spy on US consumers and corporations.

Although ZTE will bear the brunt of the impact from the ruling by the US Department of Commerce, relevant US partners will suffer as a result.

It said the probe of Huawei is similar to one that China's ZTE Corp. says is now threatening its survival.

In April 2017, lawmakers sent another letter to Commerce Secretary Wilbur Ross asking for F7 to be publicly identified and fully investigated.

Reuters reported that since at least 2016, USA authorities have been probing Huawei's alleged shipping of US -origin products to Iran in violation of US sanctions law.

In March, ZTE agreed to pay a US$1.2 billion fine over its exports to Iran and North Korea, which are under global sanction, in exchange for the U.S. suspending a ban on USA technology sales to it.

ZTE Corp also invested $50 million in compliance training a year ago, a number expected to increase, and has organized 65,000 staff members to attend, the report said.

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