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Tag Archives: Ren Zhengfei

Huawei loses legal challenge of US federal purchase ban

Houston, United States | AFP |  Washington has the right to block US federal agencies from buying products by Huawei on cybersecurity grounds, a judge ruled Tuesday, dismissing the Chinese telecom giant’s legal challenge to a purchase ban. Huawei filed the suit last year and claimed Congress had failed to provide …

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Huawei moves to overturn ‘unlawful’ US subsidy ban

Shenzhen, China | AFP | Chinese telecoms giant Huawei said on Thursday it has petitioned a US court to overturn a ban that prevents carriers in rural America from buying the firm’s equipment by tapping an $8.5-billion federal fund. Huawei’s petition said the ban — imposed last month against the company …

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Huawei says revenue surges despite US sanctions

Shenzhen, China | AFP | Huawei’s sales unexpectedly rose in the first half of the year, company figures showed Tuesday, as executives admitted US sanctions would bring further challenges in the coming months. The Chinese tech giant has been under immense pressure this year as Washington has lobbied allies worldwide to …

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Huawei’s founder faces fight for company and family

Beijing, China | AFP | Huawei founder Ren Zhengfei survived food shortages during China’s Cultural Revolution, but now the reclusive billionaire identified as “Individual-1” in a US indictment faces an existential fight for his family and company. Ren, 74, founded Huawei in 1987 with just 21,000 yuan ($5,600) and watched …

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