Huawei's founder says the company is well-prepared for U.S. 'battle'
Ren Zhengfei, the Chinese tech giant's CEO and founder, told state media outlet the Global Times on Tuesday that the company is well-prepared for U.S. sanctions, adding that temporary relief from those trade restrictions doesn't mean much to the company.
Huawei has reportedly stockpiled components and parts to ride out potential restrictions, which would be enough to last three months.
Major U.S. suppliers to the company, including Intel and Qualcomm, had reportedly stopped supply to Huawei in light of Trump's executive order — but Ren said these companies have also tried to assist Huawei in the dispute.
"In such a critical moment, I’m grateful to U.S. companies, as they’ve contributed a lot to Huawei’s development and showed their conscientiousness on the matter," Ren said.
"As far as I know, U.S. companies have been making efforts to persuade the U.S. government to let them cooperate with Huawei."
Ren added that his company would always need U.S.-developed chipsets, and that it "can't exclude American products with a narrow mind."
In another report by the South China Morning Post, Ren also said that the conflict with the U.S. was inevitable.
"We sacrificed [the interests of] individuals and families for the sake of an ideal, to stand at the top of the world," he said, according to the newspaper. "For this ideal, there will be conflict with the United States sooner or later."
On Monday, the U.S. Department of Commerce issued a 90-day exemption on the trade restrictions, which prevented Huawei from purchasing products from U.S. companies unless it had U.S. government approval.
Huawei can continue to function normally, for now.
Source: Mashable
Source: David Apinga
Trending News

Anglican Church of Ghana weighs in on Wesley Girls’ Hijab debate, calls for respect and dialogue
15:37
Mahama announces new farmer support measures at launch of Vegetable Development Project
18:23
GPRTU calls on Gender Ministry to clarify marital consent laws
12:52
Zipline shutting down 3 centres over gov't's indebtedness
18:38
EC staffer petitions President Mahama to remove EC Chair Jean Mensa
13:48
Deputy Minority Leader slams Speaker’s referral of Afenyo-Markin to Privileges Committee
16:40
Wesley Grammar School bus carrying 83 students catches fire
16:04
Ghanaian travellers stranded after ITA Airways and KLM cancel flights
12:44
President Mahama hasn’t asked contractor on Accra–Kumasi bypass to stop work - Roads Minister
17:34
NPP primaries: Dr Bawumia favourite in 14 regions among delegates, says survey
13:19



