In 2020, Huawei faces many crises and challenges in production and operations. This is one of the major reasons behind the U.S. sanction and another is the pandemic crown.
In 2019, the U.S. government added Huawei technology to its entity list to prevent distribution and trade with US-based companies and to regulate US-made technology. The Trump administration is doing all this to destroy the China tech giant.
According to Reuters, the founder of Huawei Technologies Ren Zhengfei said that he is confident that the company would be able to survive and there were more ways to overcome difficulties when the mobile business remained under pressure.
In his first statement, Ren said that the company had achieved good growth and net profit also continued to see significant trust from its users.
In the northern mining city of Taiyuan, the company has launched a 5G mining project with state-owned companies and the local government.
Huawei continues to do its best to find solutions to survive and to fulfill its obligations to customers and suppliers.
“We hope the new administration will harbor an open policy for the benefit of the American firms and also the economic development of the U.S., told Ren
(Via)
