Thursday, 23 May 2019
A list of 68 entities linked to the Chinese telecom giant Huawei has been compiled by the US Trade Department, and a Leuven spin-off is on the list. Bought in 2013, the spin-off operates in semiconductors, l’Echo revealed today.
The United States wants to cut their commercial bridges with this enterprise because it “poses a significant risk of involvement in activities that are contrary to national security or interests of the United States’ foreign policy,” according to the text published in l’Echo.
“Huawei Technologies Research & Development NV” (headquarters in Gent), is a spin-off from the Microelectronics Institute and Components (IMEC) in Leuven, founded in 2010. It was acquired in 2013 by Huawei.
The company is a leader in photonic components for semiconductors on silicon technology which will allow the creation of a new type of transmitters/receivers for the telecom industry. It generated 17 million euros in 2017 and employs around forty people.
The Brussels Times