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Ericsson Said It Opposed the Investigation into Huawei and ZTE of EU by Elizabeth Emma





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Ericsson Said It Opposed the Investigation into Huawei and ZTE of EU by
Article Posted: 05/30/2012
Article Views: 48
Articles Written: 763
Word Count: 410
Article Votes: 0
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Ericsson Said It Opposed the Investigation into Huawei and ZTE of EU


 
Finance & Investment
On Monday, Ericsson said it was opposed to the investigation that the European Commission is about to make on alleged dumping of Chinese wireless network supplier Huawei and ZTE.

Ulf Pehrsson, the department director of Ericsson who is responsible for government and industry public relations, said the investigation results of European Commission for Huawei and ZTE may lead to levying punitive tariffs on them, and this approach is incorrect.

He said, “Ericsson is a strong supporter of free trade. We do not agree with such unilateral measures. The EU Commission fought against specific companies in China and this behavior may lead to a vicious cycle.”

According to the report of “Financial Times” on last Friday, officials in Brussels last week in a closed-door meeting, had notified the EU member states. They have mastered the “conclusive evidence” of Huawei and ZTE receiving the Chinese government subsidies. And with the government subsidies, these two companies can sell equipment and services at low prices. They have mastered the “conclusive evidence” of Huawei and ZTE receiving the Chinese government subsidies. And with the government subsidies, these two companies can sell equipment and services at low prices.

Ericsson is the largest manufacturer of mobile network equipment in the world. It as well as its rivals, Nokia — Siemens network (the joint venture that is co-founded by Nokia and Siemens), and Alcatel-Lucent all received a competitive threat from Huawei and ZTE. Huawei and ZTE are quickly becoming an important provider of communications equipment and service in the world. Huawei and ZTE are quickly becoming an important provider of communications equipment and service in the world.

Pehrsson pointed out that the investigation of the European Commission was “unusual”, because this is the Committee’s first initiative to investigate without receiving complaints.

He said, "The European Commission decided to investigate independently and has not received any complaints from the industry. Ericsson supports the establishment of a set of global rules applicable to all competitors in the industry. China and the United States are negotiating on the establishment of a rule and guideline that the government export financing support.”

He pointed out that “we prefer that the EU Commission actively takes measures and join the negotiations.”

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