SEOUL (Reuters): The United States government is lobbying South Korea not to use Huawei Technologies Co products, a South Korean newspaper reported on Thursday (May 23), amid a wider push by Washington to get its allies to reject the Chinese tech firm’s goods.
In one incident, a US State Department official said in a recent meeting with a South Korean counterpart that local telco LG Uplus Corp, which uses Huawei’s equipment, should"not be allowed to serve in sensitive areas in South Korea", Chosun Ilbo reported.LG Uplus shares dropped 6 per cent in Thursday’s morning trade, which compared to a 0.4 per cent drop in the benchmark Kospi.
Washington has been pressing its allies not to use equipment made by Huawei over concerns it could be used for espionage or cyber attacks, a concern that Huawei says is unfounded.
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