Sunday, August 25, 2019

Huawei’s Deputy Chairman Eric: 'Fully prepared' to cope with USA restrictions

At a press conference to introduce new computer science chips at its headquarters in Shenzhen on Friday, the Chinese Huawei Technologies’ Deputy Chairman Eric Xu noted that the corporate is “fully prepared” to sustain with USA trade restrictions, as cited by Reuters.



There is no impact to its business from US’ call on to delay the ban by 90-days, permitting it to shop for provides from USA companies, Eric added.

The risk-on sentiment dominates the ecu commerce to this point this Friday, with the higher than comments having nearly no impact on the markets.

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