Tuesday

6th Jun 2023

Ticker

Huawei hits back at EU commissioner warning

Chinese telecommunications company Huawei said on Friday it was "surprised and disappointed" European Commission vice-president Andrus Ansip said Europe should be worried about Chinese intelligence services having access to information sent via Huawei products. "We categorically reject any allegation that we might pose a security threat," Huawei said in a statement. The company said no government ever asked it to install any backdoors into its devices.

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Analysis

Final steps for EU's due diligence on supply chains law

Final negotiations on the EU due diligence law begin this week. But will this law make companies embed due diligence requirements in their internal processes or incentive them to outsource their obligations to third parties?

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