News

Huawei begins shutdown of in-house lobbying operations in the U.S.

Published

on

Huawei has now begun the shutdown of its in-house lobbying operations in Washington after years of struggling with the U.S. ban. The Chinese tech giant is now focusing on new goals that can make it self-reliant from foreign products and trade policies.

Earlier, we reported that the company is cutting ties with the U.S. and Canada on public relations. Huawei started the process speedily after the New Year, acknowledging the lowest possibilities for a breakthrough in the respective market.

As of now, Huawei has begun to shutdown lobbying operations in the U.S. Two of the registered lobbyists – Jeff Hogg and Donald Morrissey recently departed with a handful of staff members. This act silently marked an end to the constant spending of millions of dollars to maintain the company’s existence in the region.

The information further reveals that Huawei had nine lobbying sectors as well as some public relations staff in the U.S. The company kept on meeting major executives and splurged around $13 million in the past decade. Although it’s time to step back and play an independent game.

U.S. Ban

Huawei was encircled with several restrictions and warnings for spy treatment and being a threat to users’ security. Despite Huawei’s claims that none of its products is harmful, the U.S. authorities put barricades on selling Huawei’s items in the region.

Meanwhile, the company continued to put in efforts and get back its presence in the American market by spending both money and time. The company has spent $1.8 million on lobbying within a single quarter in 2019 when the ban was being initiated. This number reached $3.6 million in 2021.

However, the company has looked after several aspects and addressed the probability of setting its legs back in the United States. Moreover, Huawei lost many outside lobbying firms in this process. Imperium Global Advisors and LeMunyon Group concluded their contracts with Huawei in November 2023.

This again only have been a subject of loss for the Chinese tech maker. China has blamed the U.S. for misusing its power and intentionally staggering Chinese firms. However, Huawei has started taking its stand and moving to new aims.

New Milestones

After the Mate 60 Pro, the company is planning to boost the expansion of Kirin chipsets. At the same time, Huawei has triggered its supply chain to initiate 3x shipments this year. The tech giant is now mainly focusing on the Chinese market and sales revenue. Perhaps, new models like the P70 series will be game changers in the growth aspect in time ahead.

(Source)

Copyright © 2022 Huaweicentral.com