Huawei founder Zhengfei downplays impact of Trump's promised reprieve

Huawei founder Zhengfei downplays impact of Trump's promised reprieve

FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. REUTERS/Aly Song/File Photo

U.S. President Donald Trump’s move to relax a ban on Huawei Technologies Co Ltd’s equipment will not have “much impact” on its business as it adjusts to a new era of American hostility, the Financial Times quoted Huawei founder Ren Zhengfei as saying on Tuesday.

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