Huawei to invest $ 2bn on security center, software

729

DHAKA, Dec 19, 2018 (BSS) – Chinese technology giant Huawei has plan to
invest $ 2 billion to launch security center and improve software engineering
as part of its effort to secure cyber space.

“When it comes to security, we need to let the facts speak for themselves,
Huawei’s record on security is clean,” said Huawei Rotating Chairman Ken Hu.

Mentioning that over 30 years, the company has never had a serious cyber
security issue or seen any evidence showing its equipment is a security
threat, he claimed: “We have a solid track record.”

In a press conference at its headquarters in Shenzhen Ken Hu also directly
addressed recent allegations against Huawei, stating that it is best to let
facts speak for themselves, said a press release today.

The rotating chairman added the company is keenly aware it has to be
proactive with governments, local communities and its customers, but argued:
“This is what we have been doing, and we are willing to take additional steps
compared to our peers in the industry.”

“We will not relax. As technology becomes more complex and networks become
more open, we will continue to increase our investment in security related
efforts,” he added.