Latest Ren Zhengfei News

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...

The Latest: Huawei: US actions should worry other firms too

May. 21, 2019 11:35 AM EDT

BEIJING (AP) — The Latest on U.S. restrictions on sales to Chinese technology giant Huawei (all times local): 7:00 p.m. Chinese tech giant Huawei's top executive in the European Union is lashing out at the Trump administration's recently announced trade ban on the company and says other firms should be...

Global markets gain on Huawei grace period

May. 21, 2019 8:32 AM EDT

BEIJING (AP) — Most global stock markets rose Tuesday after the U.S. government issued a 90-day grace period on its order to bar U.S. firms from selling to Chinese telecom gear maker Huawei. The reprieve eases the immediate hit on U.S. suppliers and has at least temporarily quelled investors' anxiety over...

Huawei defends security record as annual sales top $100B

Mar. 29, 2019 6:47 AM EDT

SHENZHEN, China (AP) — Chinese tech giant Huawei's deputy chairman defended its commitment to security Friday after a stinging British government report added to Western pressure on the company by accusing it of failing to repair dangerous flaws in its telecom technology. Guo Ping's comments came as Huawei...