Huawei Technologies Co.’s billionaire founder Ren Zhengfei is growing increasingly confident of weathering U.S. sanctions, pledging China’s largest tech company will keep making smartphones while engaging with the Biden administration.
Ren is pinning his hopes on the new American President adopting a more accommodating policy toward the networking giant than his predecessor Donald Trump, who devastated Huawei’s smartphone division by restricting its access to chipmaking and American software and circuitry. On Tuesday, the founder urged Biden to allow Huawei to again buy the U.S. equipment it needs to make its devices and 5G gear.
