Huawei Founder Ren Zhengfei expects Biden management to be positive

Huawei Founder Ren Zhengfei expects Biden management to be positive

2021-02-10 1 By Huawei     GOOGLE NEWS

Huawei Founder Ren Zhengfei said today he hopes it will be “extremely difficult” for the US new government to withdraw its sanctions against the company, but the new Biden administration will introduce a more “open policy”.

Despite US bans, Huawei managed to record positive growth in both revenue and net profit last year. But he thinks that the US Biden government will relax the bans so that the US supply companies do not suffer, so that the company does not have a hard time in the coming years.

Huawei Founder Ren Zhengfei also said, “We hope the new administration will accommodate a clear policy for the benefit of American companies and also for the economic development of the United States.” Ren Zhengfei said he would also welcome a phone call from Biden.

Zhengfei Ren, Huawei founder and CEO – Imaginechina via AP Images

Due to the US blacklist, Huawei is unable to supply goods or technology from US-based companies. Huawei is doing its best to lift the bans, but Huawei alone is difficult to achieve. By conducting a study in the Chinese state on this issue, Huawei should support it. In the statements made by the Biden government, negative criticisms were made about China.