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Huawei CEO Still Wants to Make Canada a Research Center: Globe

Ren Zhengfei
Ren ZhengfeiPhotographer: Qilai Shen/Bloomberg

Ren Zhengfei, the billionaire founder of Huawei Technologies Co. whose daughter’s arrest in Vancouver triggered a diplomatic crisis between China and Canada, said the company still wants to make the country its “global center for theoretical research,” according to an interview with the Globe and Mail.

Huawei’s plans to further invest in Canada -- including buying land from Montreal to Vancouver to build research centers -- are unchanged, though they’ve slowed, the chief executive officer said.