Huawei CEO Ren Zhengfei says daughter should be proud she became a bargaining chip in US-China trade war
5 years, 1 month ago

Huawei CEO Ren Zhengfei says daughter should be proud she became a bargaining chip in US-China trade war

CNN  

Shenzhen CNN Business — Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei, has been called the face of the US-China trade war. But to Huawei founder and CEO Ren Zhengfei, she is the daughter he praises for her year of “suffering.” “She should be proud to have been caught in this situation. Under the grand backdrop of the … trade war, she is like a small ant being caught between the collision of two giant powers,” Ren said. However, when she returns to Huawei, it doesn’t mean that she’ll be given greater responsibilities,” said Ren.

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History of this topic

Huawei Founder Encourages Young People to Embrace AI-Driven Entrepreneurship Without Complaints or Regrets
2 months, 1 week ago

Huawei Founder Encourages Young People to Embrace AI-Driven Entrepreneurship Without Complaints or Regrets

China Daily  

Huawei's founder emphasizes the importance of pursuing dreams without complaints and regrets when starting a business. He highlights the transformative power of AI and the challenges faced by Chinese companies due to US sanctions. He encourages young entrepreneurs to embrace the opportunities presented by the intelligent era and not be deterred by the competitive landscape.

Huawei has replaced thousands of U.S.-banned parts in its products, founder says
1 year, 9 months ago

Huawei has replaced thousands of U.S.-banned parts in its products, founder says

The Hindu  

Huawei Technologies Co Ltd. has replaced more than 13,000 parts in its products that were hit by U.S. trade sanctions, the Chinese tech giant's founder said, according to a speech transcript posted on Friday by a Chinese university. According to the transcript of the February speech posted by Shanghai Jiao Tong University, Ren Zhengfei said Huawei had over the past …

Huawei says it’s out of ‘crisis mode,’ though revenue flat
2 years ago

Huawei says it’s out of ‘crisis mode,’ though revenue flat

Associated Press  

HONG KONG — Chinese technology giant Huawei says it has emerged from “crisis mode” after years of U.S. restrictions that have stifled its overseas sales, even though its revenue for 2022 failed to grow from a year earlier. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-U.S. President Donald Trump blocked its access to U.S. processor chips …

China’s Huawei says revenue down 2.2% so far this year
2 years, 2 months ago

China’s Huawei says revenue down 2.2% so far this year

Associated Press  

BEIJING — Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under U.S. sanctions, according to figures released Thursday. Revenue in the first nine months of 2022 declined 2.2% from a year earlier to 445.8 billion yuan, according to the company, the biggest maker of network gear for …

Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022
2 years, 4 months ago

Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022

Hindustan Times  

Huawei's revenue dipped by just under six percent in the first half of 2022, company figures showed Friday, as the Covid-19 pandemic and US-China trade rivalry hit sales. Chinese tech giant Huawei said Friday, Aug. 12, 2022 its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in …

China’s Huawei says sales down but new ventures growing
2 years, 4 months ago

China’s Huawei says sales down but new ventures growing

Associated Press  

BEIJING — Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-President Donald Trump blocked access to U.S. processor chips and other technology in …

In a troubled US-China relationship, moments of pragmatism
3 years, 3 months ago

In a troubled US-China relationship, moments of pragmatism

Live Mint  

Behind-the-scenes dealings that freed a Chinese executive from U.S. prosecution removed a stumbling block between the nations and demonstrated a little-noticed pragmatic dimension to the relationship. The US and China are at loggerheads on numerous fronts, from technology and human rights to Beijing’s territorial claims; the United Nations secretary-general this month termed the nations’ relationship as “completely dysfunctional." In exchange, …

All you need to know about release of Huawei CFO Meng Wanzhou
3 years, 3 months ago

All you need to know about release of Huawei CFO Meng Wanzhou

Op India  

On September 25, China welcomed Huawei Chief Financial Officer Meng Wanzhou, who spent over 1,000 days in detention in Canada. Marco Rubio was quoted by Reuters saying, “The release of Ms. Meng raises serious questions about President Biden’s ability and willingness to confront the threat posed by Huawei and the Chinese Communist Party.” Senator Jim Risch said in a statement, …

Huawei CFO Meng Wanzhou flies back to China after striking deal with US
3 years, 3 months ago

Huawei CFO Meng Wanzhou flies back to China after striking deal with US

Firstpost  

Two Canadians who were jailed for nearly three years in retaliation to her 2018 arrest have been freed by Beijing Beijing: Huawei executive Meng Wanzhou was headed home from Vancouver on Saturday as two Canadians were released from prison in China, bringing a close to a bitter diplomatic row that has poisoned ties for three years. In turn, Beijing called …

Huawei CFO leaves Canada after agreement with U.S. over fraud charges
3 years, 3 months ago

Huawei CFO leaves Canada after agreement with U.S. over fraud charges

The Hindu  

Huawei Chief Financial Officer Meng Wanzhou flew home to China on Friday, September, 24, 2021, after reaching an agreement with U.S. prosecutors to end the bank fraud case against her relieving a point of tension between China and the United States. Bank fraud charges Ms. Meng was arrested at Vancouver International Airport on a U.S. warrant, and indicted on bank …

Huawei CFO arrives in China after deal with US prosecutors
3 years, 3 months ago

Huawei CFO arrives in China after deal with US prosecutors

Al Jazeera  

Meng Wanzhou lands in Shenzhen airport after spending three years of house arrest in Canada fighting extradition to the US. “As an ordinary Chinese citizen going through this difficult time, I always felt the warmth and concern of the party, the nation and the people.” Meng, 49, was arrested at Vancouver International Airport in December 2018 on a United States …

Huawei CFO Meng Wanzhou strikes deal with US prosecutors
3 years, 3 months ago

Huawei CFO Meng Wanzhou strikes deal with US prosecutors

Al Jazeera  

The chief financial officer of Chinese firm Huawei was arrested in Canada in December 2018 on charges of violating United States sanctions. Huawei Technologies Co. executive Meng Wanzhou and the U.S. Justice Department have reached a deal to resolve criminal charges against her, a breakthrough in a case that raised tensions between China, Canada and the U.S. Federal prosecutors in …

Huawei CFO Reached Deal In U.S. Wire Fraud Case, Will Be Able To Leave Canada After
3 years, 3 months ago

Huawei CFO Reached Deal In U.S. Wire Fraud Case, Will Be Able To Leave Canada After

NPR  

Huawei CFO Reached Deal In U.S. Wire Fraud Case, Will Be Able To Leave Canada After AUDIE CORNISH, HOST: U.S.-China relations have been at their most strained in years. She was held by Canada in December 2018 and for the past three years had been battling extradition to the U.S. Today, the Justice Department reached an agreement to drop the …

Huawei CFO fights extradition as Beijing raises pressure
3 years, 5 months ago

Huawei CFO fights extradition as Beijing raises pressure

Al Jazeera  

Lawyers for Huawei Technologies Co.’s chief financial officer made a final push for a Canadian court to reject a U.S. extradition request, as Beijing raised pressure on Ottawa with a series of rulings in criminal cases against Canadian nationals. The Canadian government condemned the moves, which the top U.S. diplomat in Beijing called a “blatant attempt to use human beings …

Huawei Founder Ren Zhengfei Urges Shift to Software to Counter US Sanctions
3 years, 7 months ago

Huawei Founder Ren Zhengfei Urges Shift to Software to Counter US Sanctions

News 18  

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company's staff to "dare to lead the world" in software as the company seeks growth beyond the hardware operations that US sanctions have crippled. Ren said in the memo the company was focusing on software because future development in the field is fundamentally "outside of US control …

Huawei founder urges shift to software to counter U.S. sanctions
3 years, 7 months ago

Huawei founder urges shift to software to counter U.S. sanctions

The Hindu  

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company's staff to "dare to lead the world" in software as the company seeks growth beyond the hardware operations that U.S. sanctions have crippled. Ren said in the memo the company was focusing on software because future development in the field is fundamentally" outside of U.S. control …

Canada lawyer says Trump comments shouldn't halt extradition
3 years, 10 months ago

Canada lawyer says Trump comments shouldn't halt extradition

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Comments made by former U.S. President Donald Trump do not …

Huawei CFO lawyer says Trump comments a 'salvo' in trade war
3 years, 10 months ago

Huawei CFO lawyer says Trump comments a 'salvo' in trade war

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Comments made by former U.S. President Donald Trump turned a …

Huawei daughter back in Canada court in US extradition case
3 years, 10 months ago

Huawei daughter back in Canada court in US extradition case

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Canada arrested Meng Wanzhou the daughter of Huawei’s founder …

US discussing ‘deal’ allowing Huawei’s CFO to return to China
4 years, 1 month ago

US discussing ‘deal’ allowing Huawei’s CFO to return to China

Al Jazeera  

The US Department of Justice is discussing a deal with Huawei Technologies chief financial officer Meng Wanzhou that would allow her to return home to China from Canada, where she was arrested on a US extradition warrant two years ago, in exchange for admitting wrongdoing, according to the Wall Street Journal and Reuters news agency. The criminal case relates to …

Huawei’s Chinese mobile rivals look to capitalise on its US woes
4 years, 1 month ago

Huawei’s Chinese mobile rivals look to capitalise on its US woes

Live Mint  

SHENZHEN, CHINA :Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival, after stepped-up US sanctions hobbled Huawei's supply chains, industry insiders say. Huawei briefly overtook Samsung as the world's biggest handset maker in the first half of this year, before shipments fell 23% to 51.7 million …

Trudeau looks to Biden for help in dispute with China
4 years, 2 months ago

Trudeau looks to Biden for help in dispute with China

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Canadian Prime Minister Justin Trudeau said Monday he spoke with …

Lawyers for Huawei CFO say she’s Trump bargaining chip
4 years, 5 months ago

Lawyers for Huawei CFO say she’s Trump bargaining chip

Live Mint  

Lawyers for a senior executive of Chinese tech giant Huawei say her extradition hearing should be ended because comments by U.S. President Donald Trump reduce her to a “pawn in a political-economic contest.” Canada arrested Meng Wanzhou, the daughter of Huawei’s founder, at Vancouver’s airport in late 2018. In recent court filing’s Meng’s lawyers argue the United States is using …

The case to extradite Huawei CFO Meng Wanzhou from Canada to the United States can continue, judge rules
4 years, 7 months ago

The case to extradite Huawei CFO Meng Wanzhou from Canada to the United States can continue, judge rules

CNN  

New York CNN Business — The extradition case of Huawei CFO Meng Wanzhou will continue following a crucial ruling from Canadian judge Heather HolmesonWednesday. Following a four-day hearing in Vancouver’s Supreme Court in January, Holmes ruled Wednesday that the US allegations meet the key Canadian extradition standard of “double criminality,” which examines whether the conduct alleged by the country requesting …

MPs to call for Huawei deal to be dropped by 2023
4 years, 10 months ago

MPs to call for Huawei deal to be dropped by 2023

The Telegraph  

Writing for The Telegraph, Mr Duncan Smith said: "It seems to many that the UK is too concerned about upsetting the Chinese, and in continuing to use Huawei we are losing our friends and allies. "In the week we launched our hopes for a free trade deal with the USA, our continuing determination to use Huawei now, as President Trump …

U.S. brings new charges against Chinese tech giant Huawei
4 years, 10 months ago

U.S. brings new charges against Chinese tech giant Huawei

The Hindu  

February 14, 2020 05:10 am | Updated 05:10 am IST - Washington The Justice Department has added new criminal charges against Chinese tech giant Huawei and two of its U.S. subsidiaries, accusing the company in a plot to steal trade secrets from competitors in America, federal prosecutors announced on Thursday. The case comes as the Trump administration is raising national …

Canadian judge weighing whether to extradite Huawei’s Meng Wanzhou to United States
4 years, 11 months ago

Canadian judge weighing whether to extradite Huawei’s Meng Wanzhou to United States

CNN  

Vancouver CNN Business — A Canadian federal judge declined to make an immediate ruling on whether Huawei CFO Meng Wanzhou’s extradition process should move forward, after a four-day hearing on the case in a Vancouver court wrapped up Thursday. The United States has requested Meng’s extradition from Canada so she can stand trial on charges of bank fraud and sanctions …

Huawei CFO Meng Wanzhou’s lawyers argue that US extradition charges are not illegal in Canada
4 years, 11 months ago

Huawei CFO Meng Wanzhou’s lawyers argue that US extradition charges are not illegal in Canada

Firstpost  

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that Meng violated no Canadian laws and should not be extradited to the United States on charges she violated its sanctions. Meng, 47, arrived in a Vancouver courtroom on Monday for the first phase of a hearing that …

Huawei CEO: We can survive an even tougher fight with the United States
4 years, 11 months ago

Huawei CEO: We can survive an even tougher fight with the United States

CNN  

Davos, Switzerland CNN Business — Huawei’s founder and CEO had a confident message for the business leaders and politicians gathering in Davos: His company can withstand even greater hostility from the United States. Despite a fragile truce between China and the United States on trade, with the “phase one” deal signed in Washington last week, the world’s two largest economies …

Huawei's Meng Wanzhou to be released ahead of extradition hearing in Vancouver
4 years, 11 months ago

Huawei's Meng Wanzhou to be released ahead of extradition hearing in Vancouver

Firstpost  

The US has charged Meng with bank fraud, and accused her of misleading HSBC Holdings about Huawei’s business in Iran. The United States has charged Meng with bank fraud, and accused her of misleading HSBC Holdings Plc about Huawei Technologies Co Ltd’s business in Iran. She has said she is innocent and is fighting extradition in part because her alleged …

Janet Yellen: The US-China trade war isn’t over and a tech fight risks dividing the world
4 years, 11 months ago

Janet Yellen: The US-China trade war isn’t over and a tech fight risks dividing the world

CNN  

Hong Kong CNN Business — The United States’ trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G. The former chair of the Federal Reserve said Monday at the Asian Financial Forum that the “phase one” trade …

Huawei in India: The Chinese, finally, get their way
5 years ago

Huawei in India: The Chinese, finally, get their way

Deccan Chronicle  

The Chinese seem to have finally succeeded in pushing Huawei through the Indian heartland to bid for the multi-billion-dollar hearing-device 5G telecommunications system? China has found the knob, and India’s establishment seems helpless in the face of a determined Chinese onslaught which deftly combines psy war with influencing a sizeable chunk of opinion makers. That, “at least 75 out of …

Canadian view of China worsens as row drags into second year, poll results reveal
5 years ago

Canadian view of China worsens as row drags into second year, poll results reveal

The Hindu  

Canadians have soured on China, according to a poll released Wednesday, as a diplomatic crisis over tit-for-tat detentions of a Chinese tech executive and two Canadians drags into a second year. Two-thirds of 1,499 respondents surveyed in recent weeks by the Angus Reid Institute said they had an unfavourable view of Canada’s second-largest trading partner, up from 51% in 2018. …

China urges new Canadian govt to release Huawei CFO Meng Wanzhou immediately
5 years, 2 months ago

China urges new Canadian govt to release Huawei CFO Meng Wanzhou immediately

Firstpost  

Meng charged in the United States with bank fraud, and is accused of misleading HSBC Holdings PLC. China’s Foreign Ministry on Wednesday urged Canada’s re-elected Liberal Party government to immediately release detained Huawei executive Meng Wanzhou. She is charged in the United States with bank fraud, and is accused of misleading HSBC Holdings PLC about Huawei Technologies Co Ltd’s business …

Timeline: Key events in Huawei CFO Meng Wanzhou's extradition case
5 years, 3 months ago

Timeline: Key events in Huawei CFO Meng Wanzhou's extradition case

Firstpost  

By Moira Warburton TORONTO - Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd, will appear in a Vancouver, Canada, courtroom on the first of three days of trial starting on Monday. DEC. 7, 2018: Court proceedings show that the United States issued the arrest warrant because it believes Meng covered up attempts by Huawei-linked companies to sell equipment …

Meng Wanzhou: Huawei CFO claims US and Canada unlawfully detained her
5 years, 4 months ago

Meng Wanzhou: Huawei CFO claims US and Canada unlawfully detained her

CNN  

Hong Kong CNN Business — Attorneys for Huawei’s chief financial officer want a Canadian court to halt her extradition case based on what they claim was misconduct by US and Canadian authorities. Meng was detained in Canada late last year, and she and Huawei face a number of charges — including bank fraud, trade secrets theft and sanctions evasion — …

Huawei expects no relief from US sanctions but is confident
5 years, 4 months ago

Huawei expects no relief from US sanctions but is confident

Hindustan Times  

The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs due to the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. “Whether the ‘entity list’ is extended or not, that will not have a substantial impact on Huawei’s business,” said Ren. “A strong …

Huawei is laying off more than 600 people in the United States
5 years, 5 months ago

Huawei is laying off more than 600 people in the United States

CNN  

New York CNN Business — Huawei is laying off more than 600 workers in the United States as the Chinese technology giant continues to struggle with new restrictions from the Trump administration. “Futurewei will continue to operate in strict compliance with US local laws and regulations.” Huawei previously warned that the pressures placed upon it by the Trump administration would …

Trump hints at softer stance on China’s Huawei
5 years, 6 months ago

Trump hints at softer stance on China’s Huawei

Live Mint  

Osaka: President Donald Trump said on Saturday that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war. "US companies can sell their equipment to Huawei," Trump told reporters in Osaka hours after sealing a tariff truce with Chinese President Xi Jinping at the G20 …

China rejects threats, tariffs as way to resolve trade war
5 years, 6 months ago

China rejects threats, tariffs as way to resolve trade war

Associated Press  

BEIJING — 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. Rubio filed an amendment to the U.S. defense authorization bill this week that would prevent Huawei Technologies and other companies on security watch lists from pursuing …

Huawei CEO holds dialogue with US tech experts
5 years, 6 months ago

Huawei CEO holds dialogue with US tech experts

China Daily  

Huawei founder and CEO Ren Zhengfei had a discussion with two American technological gurus, George Gilder and Nicholas Negroponte, at the company's headquarters in Shenzhen on June 17. Ren said that Huawei has been committed to business ethics and compliance with laws and regulations since the company was started. Huawei a 'company with ethics' Huawei is a normative company with …

Huawei Chairman Willing To Sign A 'No-Spy' Deal With The United States
5 years, 7 months ago

Huawei Chairman Willing To Sign A 'No-Spy' Deal With The United States

NPR  

Huawei Chairman Willing To Sign A 'No-Spy' Deal With The United States Enlarge this image toggle caption VCG via Getty Images VCG via Getty Images A top Huawei executive said Tuesday that the company is willing to sign a "no-spy agreement" with the United States to reassure U.S. leaders who say the company's technology could be used for surveillance. "We …

China defence minister says Huawei not a military company
5 years, 7 months ago

China defence minister says Huawei not a military company

India TV News  

Huawei is not a military company despite its founder Ren Zhengfei's previous career in the army, China's Defence Minister General Wei Fenghe said Sunday, amid growing US-China tensions over trade and technology in which the Chinese telecom giant has been a main target. The US placed Huawei on an "entity list" on grounds of national security on May 16, a …

Huawei founder Ren Zhengfei says he would oppose Chinese retaliation against Apple
5 years, 7 months ago

Huawei founder Ren Zhengfei says he would oppose Chinese retaliation against Apple

Firstpost  

Ren Zhengfei said that he would “protest” against any such step if it were to be taken by Beijing. Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about calls from some in China …

Billionaire Huawei founder defiant in face of existential threat
5 years, 7 months ago

Billionaire Huawei founder defiant in face of existential threat

Al Jazeera  

Huawei Technologies Co. founder Ren Zhengfei struck a defiant tone in the face of U.S. sanctions that threaten his company’s very survival. “That depends on how fast our repairmen are able to fix the plane,” said Ren, who appeared at ease in a white jacket over a pink shirt, making light of questions about his company’s plight. “This may bring …

Huawei CEO says China shouldn’t punish Apple
5 years, 7 months ago

Huawei CEO says China shouldn’t punish Apple

CNN  

Hong Kong CNN Business — Ren Zhengfei, the CEO and founder of embattled Chinese tech company Huawei, is defending US rival Apple. Washington’s ban on the Chinese company “could stir up the smartphone industry by pausing Huawei’s positive momentum,” analysts at Fitch Ratings wrote in a note on Sunday. During an earnings call last month, Apple CEO Tim Cook said …

Possibility of including Huawei in trade deal with China: Donald Trump
5 years, 7 months ago

Possibility of including Huawei in trade deal with China: Donald Trump

India TV News  

There is a possibility of including Huawei in the ongoing trade deal with China, US President Donald Trump has said, days after signing an executive order that effectively barred the Chinese telecom giant from the American market. The world's two largest economies are locked in a trade war since Trump imposed heavy tariffs on imported steel and aluminium items from …

Huawei banned: US takes China trade war to dangerous new level
5 years, 7 months ago

Huawei banned: US takes China trade war to dangerous new level

CNN  

London CNN Business — Resolving the trade war between the United States and China just got harder. Then, on Wednesday, the United States dramatically escalated its fight against Huawei, the world’s largest telecoms equipment maker and one of China’s national champions. The Trump administration also added Huawei to the so-called Entity List of companies it says undermine American interests.That means …

Detained Huawei CFO speaks out in letter to employees
5 years, 7 months ago

Detained Huawei CFO speaks out in letter to employees

Live Mint  

Ottawa: Meng Wangzhou, the Chief Financial Officer of Chinese telecommunications giant Huawei who has been detained in Canada since last December, has written to the company's 188,000 employees to thank them for support she says has filled her "with power". "Every time a court hearing has finished, I have seen Huawei employees staying up all night just to follow my …

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