Huawei founder defends sale of smartphone unit
Ren Zhengfei says Honor division should be free of US restrictions
Huawei Technologies founder Ren Zhengfei called the sale of its Honor budget smartphone division a “clean break” that should free it from US restrictions and create a new powerhouse in the world’s largest mobile arena.
Ren, blasting Trump administration tactics to contain his company, assured employees in a memo that Honor will rapidly resume production after regaining access to American circuitry and software. His missive comes days after Huawei unveiled a deal to sell the business to a consortium of more than 30 Chinese corporations, assembled by government-backed Shenzhen Smart City Technology Development Group...
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