Open to address US security concerns: Huawei

San Francisco: Facing a ban on doing business with American suppliers, Chinese telecom giant Huawei has said that it is still open to addressing US security concerns.

US President Donald Trump this week moved to ban American telecom firms from installing foreign-made equipment that could pose a threat to national security amid US-China trade war.

And in a clear strike against Huawei, the Commerce Department separately announced on Wednesday that it had placed Huawei and its dozens of affiliates on a list of firms deemed a risk to national security.

While Huawei has asserted that the decision by the Trump administration to put restrictions on its activities in the US will only harm the interests of American companies and consumers, the company's US Chief Security Officer Andy Purdy told Yahoo Finance the company remained open to addressing the US security concerns.