Huawei denies receiving favorable treatment from Beijing
The technology denied that the Chinese government will provide greater facilities in certain matters, as stated by The Wall Street Journal
Chinese tech giant Huawei rejected accusations of having received multi-million dollar public aid from the Government of China, which The Wall Street Journal estimated at $ 75 billion.
“We have never received special treatment. Our relationship with the Chinese Government is no different from that of any other private company,” said the company of Asian origin.
In this regard, the Chinese manufacturer, pointed out by Washington as a potential threat to national security, explained that all Chinese technology companies have the right to receive subsidies provided they meet certain conditions.
Likewise, the manufacturer pointed out that, in the last 30 years, it has invested between 10% and 15% of its annual income in R&D, reaching only in 2018 an expense of 15,000 million dollars, which would make Huawei the fifth largest R&D investor in the world.
In fact, the company argued that its investment in 5G amounts to more than 4 billion dollars, “more than all the major US and EU suppliers together.”
“The subsidies provided to technology companies are mainly used to boost research. Huawei requests them just like any other company”, said the company.
K. Tovar
Source: dpa
