Ren Zhengfei



Huawei has replaced thousands of US-banned parts in its products, founder says

  • Since 2019, Huawei, a major supplier of equipment used in 5G telecommunications networks, has been the target of successive rounds of US export controls
  • Huawei invested $23.8 billion in R&D in 2022, says the company's founder, Ren Zhengfei
By Reuters ·