Chinese technology giant Huawei has yet to feel the full force of U.S. sanctions due to temporary exemptions and other uncertainties. Nonetheless, Huawei founder Ren Zhengfei says he expects no permanent relief because of the political climate in Washington. In an interview with The Associated Press, he also expressed confidence the company will thrive because it is developing its own technology. In May, the U.S. Commerce Department placed Huawei on its so-called Entity List. That effectively bars U.S. firms from selling it technology without government approval. The move escalates trade-war tensions with Beijing and risks dividing the world into two technology spheres as Huawe...
Keep on reading: US sanctions on Huawei bite, but who gets hurt?
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