Huawei warns it could take FIVE YEARS to resolve British security fears

Huawei’s rotating chairman Guo Ping and CEO Richard Yu will face a prominent US lineup at the Mobile World Congress

The oversight board identified "technical issues" in Huawei's engineering processes, which it said could cause "new risks in the United Kingdom telecommunications networks".

In a letter to Norman Lamb MP, chair of the science and technology committee, Ryan Ding, an executive from the controversial Chinese technology company, pledged to spend £1.5 billion over five years to address security issues flagged last year.

The U.S. has previously cited national security as a reason to not use Chinese equipment, alleging that hardware from such companies could provide backdoor access for the Chinese government into American networks.

The UK is far from being alone in its fear that the company is complicit in spying for the Chinese government.

But the company's presence has sparked fears of Chinese espionage, with Defence Secretary Gavin Williamson warning past year he had "very deep concerns" about the firm's role in the UK.

"We would like to reiterate that Huawei has never received any such requests, and in the event that we did receive this type of request, we would categorically refuse to comply with it", Ding added.

Since 2012, the world's largest maker of networking equipment, Huawei, has been barred from selling those products in the US on the explanation of security concerns by the USA government.

'For us, it is a matter of security or nothing; there is no third option. National Security Council spokesman Garrett Marquis said the US has been "working across government and with allies and like-minded partners to mitigate risk in the deployment of 5G and other communications infrastructure".

United Kingdom telecoms group BT has seen no evidence that technology from China's Huawei poses a security risk. "We're making sure that the most senior policymakers in governments are aware of the momentousness of this decision and what is at stake in the decision they're about to make".

The Head of Huawei in Poland, Tonny Bao made the announcement in a recent news conference and stated that the company is ready to set up a cybersecurity center in the nation if the Polish authorities accept this proposal to be a trusted solution.

Huawei's top executive in Europe brushed off Western critics and defended the company's track record against accusations that it could serve as front for Chinese spying.

It also recently hit Huawei and its chief financial officer with charges of bank fraud, obstruction of justice and intellectual property theft.

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