Huawei’s Founder Downplays Reversal Of Its US Ban

Now that Huawei is once again allowed to do business with US companies, it sounds like good news for the company. After all, the ban had a huge impact across multiple product categories, such as the company providing 5G equipment to carriers, laptops, tablets, smartphones, software, and the likes.

However, it seems that Huawei’s founder doesn’t seem to think too much of the reversal of the ban. According to a report from The Financial Times, it quoted Huawei’s founder Ren Zhengfei claiming that the reversal of the ban won’t have that much of an impact on the company’s operations.

According to Ren, “President Trump’s statements are good for American companies. Huawei is also willing to continue to buy products from American companies. But we don’t see much impact on what we are currently doing. We will still focus on doing our own job right.” It is an interesting statement given that US companies do a lot of business with Huawei, such as Google, Microsoft, Intel, and so on.

It was previously reported that the ban could cost Huawei as much as $30 billion, versus the $11 billion that US companies were expected to lose due to the ban. In any case, it remains to be seen if Huawei still plans on moving forward with its alternative for Android, or if they plan to scrap that now that the ban has (kind of) been lifted.

Tyler Lee
Categories: Cellphones
Tags: Huawei