Huawei can prosper despite US sanctions, says board member

09/01/2021

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Patrick Wintour | The Guardian

Huawei has been forced to adopt the mentality of a startup partly because of US government sanctions, Catherine Chen, a board member for the Chinese telecommunications company, has said.

Helping to run probably the most scrutinised company in the world, she said Huawei would survive and eventually break free of the attempted US shackles by using its technical expertise to forge a path into new markets less dependent on the US, such as energy conservation, artificial intelligence and electric cars.

Speaking to the Guardian from Shenzhen, Chen said: “We are now in a very complicated situation. I feel like it’s very similar to being a startup company again. Starting a business involves a lot of uncertainties. Many elements that we relied on in the past are now changing.

To read the full article by The Guardian, please click here.