Connect with us

Hi, what are you looking for?

United States

Huawei CEO calls for easing of US-China trade tensions

Huawei founder and CEO Ren Zhengfei (pictured) urged the new US administration to adopt a more open policy towards Chinese companies, though admitted the vendor had no expectation current restrictions on it would be lifted, writes Chris Donkin.

Speaking at a media roundtable, Ren said the company wanted to focus on making good products and did not have the “energy to be involved in this political whirlpool”.

The executive went on to question if the US’ aggressive stance against China’s companies was beneficial to its own economy and businesses.

Advertisement

However, he conceded it would be “extremely difficult” for authorities in the US to lift restrictions already imposed on Huawei.

Huawei was a target of a sustained campaign against it led-by former US President Donald Trump, with various restrictions placed on the company’s activities including bans on US companies supplying the vendor.

The rules have severely restricted Huawei’s handset business in addition to hampering its networks unit: the US successfully persuaded several countries to follow its lead in banning the vendor from supplying 5G network equipment on security grounds.

Trump has since been replaced by Joe Biden, though so far there has been no indication this would lead to an easing in restrictions against the company or its local peers.

During the session Ren also reiterated earlier comments stating Huawei was open to negotiations with US-based businesses about licensing its technology, though noted none had contacted it so far.

Comments

You May Also Like

European Union

After a Russian-occupied Zaporizhzhia nuclear plant in Ukraine was detained, U.N. nuclear watchdog chief Rafael Grossi announced that the man responsible has been released....

United States

The goal is “energy security,” lobbyists said, although clean-energy advocates counter that wind and solar provide more protection from boom-and-bust oil markets. Russian troops...

World

For many years we have seen how the Soft Power used by the Kremlin works exclusively through culture, exhibitions, musical groups presentations, etc. It...

United States

The body of the stone dealer had been decaying for several weeks by the time it was found in an Upper West Side apartment....