Huawei founder Ren Zhengfei praises U.S. tech in first word from company since Biden inauguration

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Huawei founder Ren Zhengfei praises U.S. tech in first word from company since Biden inauguration
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Huawei has remained largely silent about its prospects under the Biden administration, after being targeted with several rounds of sanctions under Trump

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Ren’s letter said that U.S. actions had left Huawei “with a great mismatch between our strategy and our abilities, and that the company will have to revaluate some product lines, and consider cutting some products and staff that are unproductive. Huawei sold Honor to a consortium of the latter’s agents and dealers in November in a bid to help it regain access to chips.

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