The Australian operation of Huawei Technologies said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
In 2018, Australia banned Huawei from supplying equipment for a 5G mobile network citing national security risks, a move the company criticised as being politically motivated.
”In simple terms the 5G ban on Huawei has cost us 1,000 hi-tech and high-wage jobs from the economy,” Jeremy Mitchell, Huawei’s chief corporate affairs officer for Australia, said in an emailed statement.
”We have gone from 1,200 staff to fewer than 200 and by next year it will be lower still.”
Huawei had terminated A$100 million (US$72.3 million) of research and development investments in Australia since the 5G ban, Mitchell said.
Huawei last month said it would end its sponsorship of an Australian rugby league club a year earlier than expected due to a downturn in its business.