Huawei’s chairman Guo Ping has said the priority for the company is survival, following the introduction of new business restrictions by the U. S. government.
Huawei has responded to the U. S. government’s decision to extend restrictions against the company during its annual Global Analyst Summit. Commenting, Huawei’s rotating chairman Guo Ping said:
“The priority for Huawei is to seek survival,” he said when asked about the impact of the new changes on its consumer business. “Survival is the key word for us, at the moment.”
Huawei also issued an official statement on the rule changes, which it called, “a relentless pursuit to tighten the stranglehold on our company,” and one which, “completely ignored the concerns of many companies and industry associations.” The statement in its entirety was read out during the keynote and subsequently published on its official Twitter account.
The U. S. government issued new restrictions against Huawei on May 13, almost one year after it first added the company to the Entity List, which stopped U. S. companies from doing business with Huawei. Ping said it is still studying the impact of the new alterations. He admitted the company would be impacted, but said it is confident about finding solutions to the new challenges soon.
