Huawei has increased investment in Russia because of US sanctions, founder Ren Zhengfei says

//Huawei has increased investment in Russia because of US sanctions, founder Ren Zhengfei says

Huawei has increased investment in Russia because of US sanctions, founder Ren Zhengfei says

As American companies grapple with potential losses and delays due to US restrictions on Chinese telecommunications giant Huawei Technologies, those from another emerging global superpower may benefit instead.“After the United States included us in the Entity List, we transferred our investment in the United States to Russia, increased Russian investment, expanded the Russian scientist team, and increased the salary of Russian scientists,” Huawei founder Ren Zhengfei said during a visit to top…

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By | 2020-08-31T05:44:45+00:00 August 31st, 2020|Technology|Comments Off on Huawei has increased investment in Russia because of US sanctions, founder Ren Zhengfei says