Huawei founder details 'battle mode' reform plan to beat U.S. crisis

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Huawei founder details 'battle mode' reform plan to beat U.S. crisis

Ren Zhengfei grapples with a "live-or-die moment", vows to demote inefficient managers.

China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a "live-or-die moment" in the wake of US export curbs, founder Ren Zhengfei said. His remarks come as the United States said this ...

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