The Huawei’s blacklisting by the U.S government is said to cost the company over USD 30 billion. As of now, we have no idea about the company’s future after 90 days reprieval period which will end on August 19th. Apart from the accusation by the US government, there are several evidences of backdoor access vulnerabilities, IP theft, & alleged hacking. Both Nokia and Ericson will benefit from the blacklisting of Huawei in building the 5G infrastructure.
While these two European companies kept silent all these days as they also have several Chinese companies as their customers, the Finnish company for the first time came out publically slamming Huawei. Nokia warns the UK of using the Huawei’s telecoms kit over the potential backdoor vulnerabilities. While the UK currently allows Huawei’s equipment to be used in 5G infrastructure, the next government will reportedly follow the US’s footsteps by banning the Chinese company.
According to Marcus Weldon, Nokia’s chief technology officer, “the pressure from the US was serving as a counterbalance to unfair financial advantages that Huawei had enjoyed in the past. It’s fairness returning to the market. We were disadvantaged in the past relative to the practices that the Chinese were allowed to have in terms of funding mechanisms.” However, Huawei denied the allegations saying the comments are misleading.
The latest report from the US-based company called Finite State confirmed the Huawei devices in all categories they studied to be less secure than comparable devices from other vendors. Earlier this week, Huawei claimed to be the leading company in providing 5G solutions with more than 50 5G contracts outside of China. However, a few reports suggest Nokia is seeing an increase in the 5G equipment orders in recent weeks. Stay tuned on Phone Radar for more details!