Huawei is 'still struggling,' says founder Ren Zhengfei, as the tech company rebounds from years of sanctions
Briefly

Huawei generated almost $100 billion in sales in 2023, showcasing a remarkable comeback despite facing heavy U.S. sanctions and challenges within the tech industry.
Ren Zhengfei stated, "Even now, we can't say we've secured survival," highlighting ongoing uncertainties for Huawei amid its recovery.
Ren also recognized the competitive edge of U.S. companies, remarking, "99% of Chinese companies can collaborate with the U.S.," illustrating Huawei's unique struggles.
On the importance of openness, Ren warned, "Countries risk falling behind if they close themselves off," underscoring the need for collaboration in technology.
Read at Fortune Asia
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