Latest Ren Zhengfei News

Huawei calls on US to lift export restrictions

Jul. 12, 2019 8:01 AM EDT

SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The "unjust and unfair" decision...

Kudlow: US sales to Huawei won't imperil national security

Jun. 30, 2019 12:20 PM EDT

WASHINGTON (AP) — White House economic adviser Larry Kudlow insisted Sunday that President Donald Trump won't back off national security concerns after agreeing to allow U.S. companies to sell some components to Chinese telecommunications giant Huawei. Kudlow told "Fox News Sunday" and CBS' "Face the...

Huawei warns US patent curbs would hurt global tech

Jun. 27, 2019 3:07 AM EDT

SHENZHEN, China (AP) — Chinese tech giant Huawei warned Thursday a U.S. senator's proposal to block the company from pursuing damages in patent courts would be a "catastrophe for global innovation." The proposal comes amid mounting U.S. action against Huawei, the biggest maker of switching gear for phone...

China rejects threats, tariffs as way to resolve trade war

Jun. 20, 2019 7:27 AM EDT

BEIJING (AP) — China warned Thursday that threats and tariffs will not resolve trade tensions between the two biggest economies and blasted Republican Sen. Marco Rubio for his criticism of technology giant Huawei over patents. Ministry spokesman Gao Feng said Thursday that its "core concern" over mutual...

Why US-China trade war risks hurting firms in both countries

Jun. 17, 2019 1:33 PM EDT

WASHINGTON (AP) — U.S. businesses are imploring President Donald Trump not to expand his tariffs to $300 billion in goods from China that have so far been spared in his trade war with Beijing. These companies warn that the additional tariffs would drive up prices for consumers, squeeze profits and leave...

Huawei says US sanctions will cost it billions in revenue

Jun. 17, 2019 11:56 AM EDT

SHENZHEN, China (AP) — Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it. "We never thought that the U.S.'s...

The Latest: Ren says of US-Huawei fight 'no one will win'

Jun. 17, 2019 2:59 AM EDT

SHENZHEN, China (AP) — The Latest on China's Huawei (all times local): 2:50 p.m. Huawei's founder says it never occurred to the Chinese technology company that the U.S. government would be so determined to take extreme measures against it. Ren Zhengfei said Monday, "I think both sides will suffer. No one...

China state TV carries Daily Show spot on Huawei lead in 5G

May. 27, 2019 3:42 AM EDT

BEIJING (AP) — China has deployed an unlikely voice in its trade war with the U.S.: Trevor Noah of Comedy Central's The Daily Show. A brief clip from the comedian's "If You Don't Know, Now You Know" segment on Chinese equipment maker Huawei's dominance in next-generation 5G mobile technology ran on state...

US, China appear to brace for long haul in trade dispute

May. 22, 2019 3:33 PM EDT

WASHINGTON (AP) — With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade. Beijing is airing Korean War movies (antagonist: America) to arouse patriotic feelings in the Chinese public and offering tax cuts to software and chip...

US delay to Huawei ban gives tech sector time to adjust

May. 21, 2019 2:20 PM EDT

The United States is delaying some restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on Huawei smartphone owners and smaller U.S. telecoms providers that rely on its networking equipment. The Trump administration insists the sanctions are unrelated...