PLANO, Texas--(BUSINESS WIRE)--Huawei today issued the following statement on its filing to the Committee on Foreign Investment in the United States (CFIUS) concerning the company’s acquisition of 3Leaf Systems:
“This was a difficult decision, however we have decided to accept the recommendation of CFIUS to withdraw our application to acquire specific assets of 3Leaf. Huawei will remain committed to long-term investment in the United States. The significant impact and attention that this transaction has caused were not what we intended. Rather, our intention was to go through all the procedures to reveal the truth about Huawei.”
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Huawei is a leading telecoms solutions provider serving 45 of the world’s top 50 telecom operators. Huawei’s products and solutions have been deployed in over 100 countries and support the communications needs of one third of the world’s population. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers. For more information, visit Huawei online: www.huawei.com. Follow us on Twitter: www.twitter.com/huaweipress and YouTube: http://www.youtube.com/user/HuaweiPress.