Huawei sheds Australian jobs as 5G ban begins to bite
Huawei says it has cut its Australian headcount by 100, with the Chinese telco equipment manufacturer blaming a government decision to bar it from participating in the roll out of 5G networks.
Huawei says it has cut its Australian headcount by 100, with the Chinese telco equipment manufacturer blaming a government decision to bar it from participating in the roll out of 5G networks.
Although the Australian government has blocked the company from participating in the rollout of telcos’ 5G networks, Huawei says it has registered strong growth in its local carrier business.
Australia will be left behind if the government bans the nation’s telcos from using 5G equipment supplied by Huawei, the chairperson of the Chinese company’s local subsidiary has warned.
Networking equipment and smartphone manufacturer Huawei boosted its Australian sales revenue by 18 per cent in its 2014 financial year, the Chinese-owned company announced this morning.
The Australian subsidiary of Chinese networking giant Huawei has appointed James Zhao as its new CEO, replacing Guo Fulin who has been promoted to a regional role with the company.