Sunday, 25 August 2019

Huawei: US blacklisting will have limited impact, despite Google and Qualcomm bans

By Chris Kelly, Total Telecom
Monday 20 May 19

Huawei's founder told members of the press that his company would not be prepared to submit to US monitoring to circumvent the ban

Huawei’s founder, Ren Zhengfei, has said that the US government’s decision to blacklist his company will have only a minimal impact on its projected growth in 2019. Huawei has managed unparalleled, double digit growth for many years, however, the company’s founder conceded that the US blacklisting could see his company’s projected growth rate dip below 20 per cent in 2019. “It is expected that Huawei’s growth may slow, but only slightly,” Reuters news agency quoted Zhengfei as saying…

Huawei’s founder, Ren Zhengfei, has said that the US government’s decision to blacklist his company will have only a minimal impact on its projected growth in 2019. Huawei has managed unparalleled, double digit growth for many years, however, the company’s founder conceded that the US blacklisting could see his company’s projected growth rate dip below 20 per cent in 2019. “It is expected that Huawei’s growth may slow, but only slightly,” Reuters news agency quoted Zhengfei as saying…

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