Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Lionel Lim

Huawei is 'still struggling,' says founder Ren Zhengfei, as the tech company rebounds from years of sanctions

(Credit: Qilai Shen—Bloomberg/Getty Images)

Huawei, the Chinese tech giant, is having an unlikely comeback story. Starting with a new premium smartphone in August 2023, the U.S.-sanctioned company has released new phones, laptops, AI chips, and EVs, putting it at the forefront of China’s drive for tech self-sufficiency. Huawei generated almost $100 billion in sales in 2023.

But Huawei founder Ren Zhengfei isn’t still quite sure his company is past its troubles. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.