Huaweii, a Chinese company, has decided to exit the U.S. market over cyber espionage concerns. While the company claims to be committed to its customers, many U.S. officials believe suspect that Huawei may be working with the Chinese military to conduct cyber espionage against the U.S. and other countries.
Chinese networking and telecommunications equipment provider Huawei is calling it quits in the US. CEO Ren Zhengfei recently told French news site Les Echos that it wasn’t worth it for his company to get in the middle of US / China relations and as such, they have decided to exit the US market.