Chairman Eric Xu warns that hit from US sanctions means telecoms firm must ‘go all out’ to maintain salesHuawei says 'survival is our first priority' in 2020 as western boycott bitesThe embattled Chinese telecommunications company Huawei says “survival” is its first priority after announcing sales were hit hard by a boycott from western countries. “Survival will be our first priority” in 2020, said Xu, who holds the chairmanship under the company’s rotating leadership scheme. US intelligence chiefs say Huawei cannot be trusted and its equipment is a threat to national security, an accusation the company has dismissed. Washington has banned US companies from selling equipment to Huawei, locking out the smartphone giant from access to Google’s Android operating system. Chinese law requires individuals and organisations to assist and cooperate with national intelligence efforts.

Source: The Guardian December 31, 2019 01:58 UTC