onsdag 3. juli 2019

Why the US may be supercharging China’s tech ambitions with its Huawei ban

As a Chinese saying goes, even a rabbit will bite when cornered, and Huawei is no rabbit. Huawei crossed US$100 billion in annual revenue last year, putting it in the league of global companies like Google’s parent, Alphabet. Even after taking a hit from US sanctions, Huawei founder Ren Zhengfei said he expects the company to maintain about the same level of revenue this year and next.