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US a “beacon of technology” to be emulated says Huawei founder
- Sunday | 24th January, 2021
SHENZHEN, China (Reuters) – The United States remains a “beacon of technology” to be emulated and China’s Huawei Technology should consider cutting products in the wake of US actions against it, the Chinese firm’s founder Ren Zhengfei said in remarks made public on Friday. Huawei has remained largely silent about its prospects under the Biden administration, after being targeted with several rounds of sanctions under Trump, who said Huawei’s equipment poses a security risk. Huawei sold Honor to a consortium of the latter’s agents and dealers in November in a bid to help it regain access to chips. Ren’s letter also said that while the company will keep its pay structure unchanged over the next three to five years, hundreds of senior ‘cadres’ had voluntarily taken demotions. “The United States is still the world’s beacon of technology, and we must learn everything we can from advanced people,” Ren said.
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