Huawei founder predicts limited impact from Trump decision to allow sales of some US tech products to the company
- The company said it shipped 100 million handsets under the Huawei and Honor brands both domestically and abroad up to May 30
US President Donald Trump’s move to relax a US trade ban on Huawei Technologies will not have much impact as the company will concentrate on its own business, according to its founder and chief executive Ren Zhengfei.
“President Trump’s statements are good for American companies. Huawei is also willing to continue to buy products from American companies,” Ren said in a statement, according to a Financial Times report.
“But we don’t see much impact on what we are currently doing. We will still focus on doing our own job right,” he added.
A spokesman for Huawei could not confirm Ren’s comments to the Financial Times.
Huawei is on the US Commerce Department’s so-called Entity List, which effectively bans American hi-tech companies from selling equipment and components to the Shenzhen-based manufacturer, while Washington has also frozen the company out of the country’s 5G network equipment market.