Last week a report suggested that the U.S. was preparing to apply HUAWEI more sanctions, and tighten current ones. HUAWEI founder and CEO Ren Zhengfei acknowledged this while at the World Economic Forum in Davos.

Since we didn’t have a sense of security regarding the US ten years ago, we spent hundreds of billions of dollars to come up with a backup plan, which is why we withstood the first round of attacks. We are now more confident we can survive further attacks

Ren Zhengfei

However, Ren Zhengfei also said that HUAWEI is more prepared than ever to deal with the sanctions moving forward. He reiterated that getting on the U.S. trade blacklist in 2019 had little to no impact on the company, and things will stay unchanged moving forward.

Source: Mobile World Live

You May Also Like
These are the best iPhone 12 Pro Max cases you can buy right now
We have selected some of the best cases for your new iPhone 12 Pro Max, so you may want to check them out before buying your new device
Apple’s 16-inch MacBook Pro, the Apple Watch Series 6 and more devices on sale today
Today’s deals come from Amazon, where we find Apple’s 16-inch MacBook Pro, the MacBook Air, LG Smart TVs and more devices on sale
iPhone SE Red color
New iPhone SE not coming in the first half of 2021: Ming-Chi Kuo
An alleged report by Kuo states that there may not be a new iPhone SE in the first half of 2021.