Founder and Chief Executive Officer of Huawei, Ren... moreFounder and Chief Executive Officer of Huawei, Ren Zhengfei, spoke about the effects of US sanctions on his company. He predicted that the Trump administration's move will push down the firm's revenue by $30 billion over the next two years. Huawei has been accused by the United States of America of facilitating espionage by Beijing. Subsequently, the US government placed the Chinese tech giant on a black list, forcing American companies dealing with the firm to take permission of government officials first.
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