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U.S. Urges South Korea to Reject Huawei Goods, Citing Security Risks: Chosun Ilbo

May 23 , 2019

The U.S. government is lobbying South Korea not to use Huawei Technologies Co Ltd products, a South Korean newspaper reported on Thursday, amid a wider push by Washington to get its allies to reject the Chinese tech firm’s goods.

In one incident, a U.S. 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. The official added Huawei needs be eventually driven out of the country, if not immediately.

LG Uplus shares dropped 6 percent in Thursday’s morning trade, which compared to a 0.4 percent drop in the benchmark KOSPI.



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