Huawei CEO hopes for reset with US from Biden administrationHuawei has been squeezed by US sanctions, which have hammered its supply chain. TAIYUAN, China: The CEO and founder of Chinese telecom giant Huawei called Tuesday for a reset with the United States under President Joe Biden, after the firm was battered by sanctions imposed by Donald Trump's administration. "We hope the new US administration would have an open policy for the benefit of American firms and the economic development of the United States," said Ren, 76. Meng, 48, faces fraud and conspiracy charges in the United States over alleged Huawei violations of US sanctions against Iran, and separate charges of theft of trade secrets. She could ultimately be extradited to the United States.

Source: Bangkok Post February 09, 2021 05:37 UTC