President Donald Trump’s promise to soften his stance on Huawei will have little effect on the Chinese telecoms equipment maker, according to its founder, who has pledged to continue its shift away from American suppliers.
Ren Zhengfei, Huawei’s founder, told the Financial Times that Mr Trump’s decision to soften a ban on US companies selling chips and software to Huawei would not have “much impact” on its business as it adjusts to a new era of American hostility.
“President Trump’s statements are good for American companies. Huawei is also willing to continue to buy products from American companies,” Mr Ren said.
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