Huawei is welcoming the chance of doing business with America again but is not optimistic with their odds.
The company’s CEO, Ren Zhengfei, mentioned in his first public remark since President Biden’s inauguration that he is looking forward to talking with the 46th US President. “The US wants to have economic growth and China wants to have economic growth as well,” Ren Zhengfei added after mentioning that the call would largely focus on mutual development and success.
“If Huawei’s production capacity can be expanded, that would mean more opportunities for U.S. companies to supply too,” Ren Zhengfei explained. “I believe that’s going to be mutually beneficially.” He also made mention of their continued hope of buying American materials and equipment in large volumes so everyone “can benefit from China’s growth.”
It should be remembered that in May 2019, the Trump administration imposed a ban on US-based companies from doing business with Huawei as well as the use of their telecommunications equipment due to the company’s alleged connections with the Chinese military. The ban resulted in Huawei being severed from much-needed technologies such as Google’s Android OS and chip supplies vital to manufacturing their smartphones.
However, Ren Zhengfei said that although the US can remove Huawei’s inclusion in its Entity List, doing so “should be very difficult.” “I am not saying that it is impossible, but it is extremely difficult,” Ren Zhengfei stated. “Basically, we do not consider this issue.”
The Biden administration has yet to decide on their stance regarding Huawei’s ban. Gina Raimondo, President Biden’s nominee for Commerce secretary, understands the reasoning behind Huawei’s inclusion in the Entity List. However, Bloomberg reported that Raimondo looks forward to a briefing on the companies in the Entity List if she’s confirmed for the position.
Written by John Paul Joaquin