The United States remains a"beacon of technology" to be emulated and China's Huawei Technology should consider cutting products in the wake of U.S. actions against it, the Chinese firm's founder Ren Zhengfei said in remarks made public on Friday.
Ren's comments, in a letter to staff dated June of last year, were shared for the first time on a company message board, making them the first public word from the company since Joe Biden took over the presidency from Donald Trump.Huawei has remained largely silent about its prospects under the Biden administration, after being targeted with several rounds of sanctions under Trump, who said Huawei's equipment poses a security risk. The company denies the charge.
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. Ren's letter also said that while the company will keep its pay structure unchanged over the next three to five years, hundreds of senior 'cadres' had voluntarily taken demotions.