Malaysia

China’s Huawei to cut more Aussie jobs, investment amid strained ties

SYDNEY: The Australian operation of Chinese telecommunications equipment maker Huawei Technologies Co Ltd said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.

In 2018, Australia banned Huawei from supplying equipment for a 5G mobile network citing national security risks, a move the company criticised as being politically motivated.

“In simple terms the 5G ban on Huawei has cost us 1,000 high-tech and high-wage jobs from the economy,” Jeremy Mitchell, Huawei’s chief corporate affairs officer for Australia, said in an emailed statement.

“We have gone from 1,200 staff to fewer than 200 and by next year it will be lower still.”

Huawei had terminated A$100 million of research and development investments in Australia since the 5G ban, Mitchell said.

Huawei last month said it would end its sponsorship of an Australian rugby league club a year earlier than expected due to a downturn in its business.

Diplomatic relations between Australia and China have soured this year after Australia called for an independent international investigation into the source of the coronavirus pandemic.

Beijing was angered by the move and has since blocked Australian beef imports, placed dumping tariffs on Australian barley, and launched an anti-dumping investigation into Australian wine.

Football news:

Rashford with 4 goals led the race of scorers of the season Champions League
Holand scored the most goals (12) in the first 10 matches in the Champions League
Pirlo about 0:2 with Barca: this match will help Juventus grow
Griezmann did not make any effective actions in 6 matches under Koeman
Ole Gunnar Solskjaer: Leipzig made Manchester United work hard. Rashford had a big impact on the game
Roberto victory over Juventus: the Best response to the unrest in Barcelona - it's a game
Ronald Koeman: Barcelona played their best match of the season against Juventus. We had a lot of chances