The report released by the Committee today employs many rumors and speculations to provenon-existent accusations. This report does not address the challenges faced by the ICTindustry. Almost every ICT firm is conducting R&D, software coding and production activitiesglobally; they share the same supply chain, and the challenges on network security are beyonda company or a country. The Committee’s report completely ignored this fact. We have tosuspect that the only purpose of such a report is to impede competition and obstruct ChineseICT companies from entering the US market.Huawei is a global Fortune 500 company owned by its employees. For the past 25 years, wehave held an upstanding record. Our customers and partners are fully aware that this reportcannot change the fact that the safety and integrity of Huawei's solutions are well-recognized bythe industry. Currently, the integrity of Huawei's operations and the quality and security of our products are world-proven across 140 countries around the world. They are deployed by over 500 operators and our products have served almost 3 billion people worldwide. Thesecustomers know and trust Huawei and they know our commitment to their company and to their customers who rely on them for their communications service. Huawei has introduced bestpractices of Western management to construct standardardized and process-orientedoperational management systems, including product development, supply chain management,financial management, human resources, and quality control. Huawei's annual financial reportsare audited by KPMG. The United States has become the world's largest economic entity in a short period of time duein large part to the open policy it has been implementing over the past 200 years. We believethat the United States will continue with this spirit. Huawei is no different from any start-upenterprises in Silicon Valley, and our growth and development relies very much on our entrepreneurial spirit, the commitment and hard work of our employees, as well as our unwavering dedication to innovation. Moving forward, we will continue to do the best we can toprovide our customers with safe, convenient, and equal access to information andcommunications services.
Huawei is committed to being a long-term investor in the U.S. market, to providinginnovative products and service for our U.S. customers and consumers, and to being aresponsible investor, tax payer and corporate citizen.
Huawei is a partner to the U.S. high-tech industry. Since launching our North Americaoperations in 2001, Huawei has purchased more than USD 30 billion in technologies and