Huawei suspended some of its operations in Russia this week, evidently nervous that Western sanctions against Russia over its invasion of Ukraine would become a crushing burden if added to U.S. sanctions already imposed on the company.
Russian media additionally reported Huawei has “suspended new contracts since the end of March for supplying network equipment to Russian operators.”
Residents look at a destroyed Russian tank on the outskirts of Buzova village, west of Kyiv, on April 10, 2020. noted that many Chinese firms have maintained their operations in Russia, reassured by the “increasingly close” relationship between Beijing and Moscow. Some are willing to risk penalties from secondary sanctions to keep their Russian business flowing, while others are seeking strategies to avoid triggering those sanctions.
Russian President Vladimir Putin and Chinese President Xi Jinping toast at the Diaoyutai State Guesthouse in Dushanbe on June 15, 2019. noted it made a deal with top Russian telecom company MTS to launch 5G services across the country and has supplied 3G and 4G equipment to most of Russia’s big cell phone companies.
Strategy Analytics senior tech analyst Yang Guang postulated Huawei has been holding off on making any major decisions until its chief rival for the Russian market, Swedish manufacturer Ericsson, made a move. Ericsson announced it would suspend its Russian operations indefinitely on Monday, and Huawei now appears to be scaling back while it looks for ways to avoid leaving Russia entirely.
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