BREAKING: Huawei founder tells AP he expects no relief from U.S. sanctions but is confident it will thrive with its own technology. .
Huawei's founder Ren Zhengfei, reacts during an interview at the Huawei campus in Shenzhen in Southern China's Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology.
The biggest impact will be on American vendors that sell chips and other components to Huawei, the biggest maker of network gear for phone companies, he said. Huawei’s chief financial officer, who is also Ren’s daughter, is fighting extradition from Canada to face U.S. charges related to possible violation of trade curbs on Iran. Beijing arrested two Canadians in a possible attempt to force her release.
“I couldn’t take it if those poor people sacrificed their own interests for the benefit of Huawei,” said Ren. “Maybe my daughter will suffer more. But I would rather do that instead having the poorer people in China sacrifice for Huawei’s survival and development.” “At a strategic level, the U.S. entity list is helpful to Huawei,” said Ren. He said the company has responded by eliminating “marginal, unimportant businesses or products” and focusing resources on “major products.”This month, Huawei unveiled its own smartphone operating system it said can replace the popular Android system from Alphabet Inc.’s Google. Huawei’s phones still use Android but Google is blocked from supporting maps, music and other services.
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