In his words: Huawei CEO says company will not be crushed

SHENZHEN, China — Huawei founder and CEO Ren Zhengfei said that U.S. restrictions on access to technology would not defeat the Chinese telecom equipment maker and that the United States and Australia should hold off on buying Huawei's 5G network gear if they fear it is a security risk.

In a wide-ranging interview with The Associated Press, the 74-year-old Ren said he doesn't want relief for his company or his daughter to be linked to the U.S.-China trade dispute, as President Donald Trump has suggested."The entity list will not crush us as the U.S. hopes. By adding Huawei to the entity list, the U.S. wanted to kill off Huawei. But we are not dead; in fact, we are doing even better than before. ... The entity list has not affected us as much as it has affected our U.S.

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Huawei business ban leaves US rural wireless companies with few alternativesWASHINGTON (WASHINGTON POST) - The Trump administration added several dozen more Huawei affiliates to a trade blacklist on Monday (Aug 19), but also extended a temporary reprieve that will allow some US companies to continue doing business with the Chinese tech company for at least the next three months.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »