https://www.channelnewsasia.com/news/technology/huawei-welcome-in-france–sensitive-investments-can-be-blocked–french-minister-11011340
https://www.telegraph.co.uk/technology/2018/12/07/huawei-seeks-recover-espionage-concerns-2-billion-spending-pledge/
By James Cook
7 December 2018 • 5:43pm
Huawei has pledged to spend an extra $2bn (£1.5bn) to ease concerns raised by British intelligence agency GCHQ over the potential security risk posed by the use of its equipment in the UK’s telecom networks
The spending pledge is designed to fix technical concerns over Huawei’s hardware. A government report published in July found that “shortcomings in Huawei’s engineering processes have exposed new risks in the UK telecommunication networks.”
Huawei will use the money to improve its production processes in order to allow the government to inspect its devices more easily.
The spending pledge, first reported by Reuters, was reportedly planned before the arrest of Huawei’s chief financial officer Meng Wanzhou at Vancouver airport last week.
The arrest of Ms Meng has threatened to restart a trade war between the US and China which Donald Trump has sought to end with a pause on tariffs.
Huawei is facing a growing US pressure on governments to block the use of its kit in their national infrastructure, amid concerns over the company’s close ties with the Chinese government and fears it could be used for espionage.
Huawei was founded in 1987 by Ren Zhengfei, a former engineer in the Chinese People's Liberation Army. Ms Meng is his daughter and has been widely considered to be the most likely successor to run the company in the future.
The business has consistently denied any accusations of espionage and has appointed chairman Liang Hua as its interim chief financial officer. Mr Liang has worked for the company since 1995.
Ms Meng is scheduled to appear in a Vancouver court on Friday as she awaits possible extradition to the US. The Chinese Foreign ministry has repeatedly requested that Ms Meng be released.
The US government requested the arrest of Ms Meng as part of an investigation into allegations that Huawei evaded international sanctions in order to sell products to Iran.
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