After several months of intense lobbying to break into the US market—and even Congressional hearings over security concerns last year—Chinese telecom manufacturer Huawei announced Tuesday that it is giving up.

“We are not interested in the US market anymore,” Eric Xu, the company's executive vice president, said at the company’s annual analyst summit on Tuesday, according to the Financial Times.

Just last month, Sprint and Softbank said they would limit their use of the Chinese firm’s gear. China has also been consistently blamed for targeting American government, military, and even civilian websites, and many in Washington, DC are worried that Chinese-made telecom gear would facilitate that too. On Tuesday, Verizon said that nearly all “cyber-espionage data breaches” in 2012 originated in China.

“Don’t get me wrong, I’d love to get into the US market,” Li Sanqi, Huawei’s chief technology officer, told the IDG News Service.

“We today face reality. We will focus on the rest of the world, which is reasonably big enough and is growing significantly,” he added.

Huawei has recently focused on Europe, where it doubled its workforce.