The founder and CEO of Huawei, Ren Zhengfei, gave a great interview to Yahoo Finance. It was mainly about US sanctions.
Ren Zhengfei said that in the first two weeks after Huawei was blacklisted by companies threatening US national security, smartphone sales fell by 40%. The company lost $ 30 million.
The head of Huawei has once again declared that his company does not pose a threat to the United States. He believes that the sanctions are needed to "hold back the advanced technologies of Huawei."
“Let them have supercomputers, the US is still starting to fall behind, because they have no superfast connection,” said Ren Zhengfei.
Huawei came under US sanctions in May. Initially it was assumed that in August, US companies would not be allowed to work with it. Then the sanctions regime was relaxed: American partners will …