Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Huawei joined the boycott of Russia

Huawei joined the boycott of Russia

Huawei joined the boycott of Russia, believing that doing business here in the current situation is extremely risky.

The series with the mass exodus of IT companies from Russia continues. Large corporations are closing their offices and among those who suspend their work in the Russian market is Huawei. Initially, in March, it halved the supply of its smartphones to Russia, believing that doing business here in the current situation is extremely risky.

Now it intends to close its Russian office altogether. One person with knowledge of the matter says that the company has stopped taking orders and is preparing to close its corporate office in Russia, which deals with telecommunications and networking equipment. The Chinese employees of the Russian office and part of the Russian specialists will leave the territory of Russia, and the rest will be on vacation.

In fact, Huawei stopped the conclusion of new contracts with Russian telecom operators for the supply of network and server equipment. In recent years, telecommunications companies in Russia have been actively switching to solutions from Huawei. Now the equipment of the Chinese giant accounts for about 33% of all cellular base stations operating in Russia, which also cover entire regions. Huawei’s departure could have a negative impact on the maintenance and development of existing and future projects. In particular, the introduction of 5G will obviously slow down.


Huawei joined the boycott of Russia



The suspension of Huawei in Russia is primarily related to the war in Ukraine; and the sanctions that have been imposed against the country. The Chinese company needs time to find workarounds; or third countries through which it will be possible to arrange the supply of network equipment; created using American technology to bypass the sanctions.

Previously, the regulator in the United States issued export licenses allowing international companies to supply equipment to Huawei. But given the war in Ukraine and existing sanctions, licenses can stop issuing. Based on the bad experience of Huawei, whose business has been hit hard by U.S. sanctions, it is unlikely that the company will want to aggravate its already difficult situation. Of course, there is a possibility that Russian telecom operators will switch to using equipment; and spare parts from other companies, such as Ericsson. But buying third-party solutions will cost more and not all of them have analogues. Therefore, problems with the supply of network equipment can cause serious damage to Russian telecommunications companies.

For now, there is no change regarding the consumer goods segment, which includes tablets, laptops, smartphones and other smart gadgets. But it is possible that here, too, work will be on pause; so as not to come into conflict with the United States and Europe.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
U.S. and Hungarian Officials Talk About Economic Collaboration and Sanctions Strategy
Technology Giants Activate Lobbying Campaigns Against Strict EU Regulations
Pope Francis Admitted to Hospital in Rome Amid Increasing Speculation on Succession
Zelensky Calls on World Leaders to Back Peace as Tensions Rise with Trump
UK Leader Keir Starmer Calls for US Security Guarantee in Ukraine Peace Deal
NATO Chief Urges Higher Defense Expenditure in Europe
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advancement.
Rubio Touches Down in Riyadh Before Key U.S.-Russia Discussions
Students in Serbian universities Unite to Hold Coordinated Protests for Accountability.
US State Department Removes Taiwan Independence Statement from Website
Abolishing opposition won't protect Germany from Nazism—this is precisely what led Germany to become Nazi!
Transatlantic Gold Rush: Traders Shift Bullion in Response to Tariff Anxieties and Market Instability
Bill Ackman Backs Uber as the Company Shifts Towards Profitability
AI Titans Challenge Nvidia's Supremacy in Light of New Chip Innovations
US and Russian Officials to Meet in Saudi Arabia Over Ending Ukraine Conflict. Ukraine and European leaders – who profit from this war – excluded from the negotiations.
Macron Calls for Urgent Summit as Ukraine Conflict Business Model is Threatened
Trump’s Defense Secretary: Ukraine Won’t Join NATO or Regain Lost Territories
Zelensky Urges Europe to Bolster Its Military in Light of Uncertain US Backing
Chinese Zoo Confesses to Dyeing Donkeys to Look Like Zebras
Elon Musk is Sherlock Holmes - Movie Trailer Parody featuring Donald Trump's Detective
Trump's Greenland Suggestion Sparks Sovereignty Discussions Amid Historical Grievances
OpenAI Board Dismisses Elon Musk's Offer to Acquire the Company.
USAID Uncovered: American Taxpayer Funds Leveraged to Erode Democracy in Europe Until Trump Put a Stop to It.
JD Vance and Scholz Did Not Come Together at the Munich Security Conference.
EU Official Participates in Discussions in Washington Amid Trade Strains
Qatar Contemplates Reducing French Investments Due to PSG Chief Investigation
Germany's Green Agenda Encounters Ambiguity Before Elections
Trump Did Not Notify Germany's Scholz About His Ukraine Peace Proposal.
Munich Car Attack Escalates Migration Discourse Before German Elections
NATO Allies Split on Trump's Proposal for 5% Defense Spending Increase
European Parliament Advocates for Encrypted Messaging to Ensure Secure Communications
Trump's Defense Spending Goal Creates Division Among NATO Partners
French Prime Minister Bayrou Navigates a Challenging Path Amid Budget Preservation and Immigration Discourse
Steering Through the Updated Hierarchy at the European Commission
Parliamentarian Calls for Preservation of AI Liability Directive
Mark Rutte Calls on NATO Allies to Increase Defence Expenditures
Dresden Marks the 80th Anniversary of the World War II Bombing.
Global Community Pledges to Aid Syria's Political Transition
EU Allocates €200 Billion for AI Investments, Introduces €20 Billion Fund for Gigafactories
EU Recognizes Its Inability to Close the USAID Funding Shortfall Due to Stalled US Aid
Commission President von der Leyen Missing from Notre Dame Reopening Due to Last-Minute Cancellation
EU Officializes Disinformation Code for Online Platforms, Omitting X
EU Fails to Fully Implement Key Cybersecurity Directives
EU Under Fire for Simplification Discussions Regarding Corporate Sustainability Reporting
Shein Encountering Further Information Request from the EU During Ongoing Investigation
European Commission Initiates Investigation into Shein as It Aims at Chinese E-Commerce Regulations
German Officials Respond to U.S. Proposal for Peace Talks with Russia
Senate Approves Robert F. Kennedy Jr. as Secretary of Health and Human Services.
Trump and Putin Engage in Discussions on Ukraine Peace Negotiations Amid Worldwide Responses
Honda and Nissan End Merger Talks
×