Megha Shrivastava
Hardly a day goes by without Huawei, the Chinese telecom and technology giant, making the news. The firm has been explicitly targeted by U.S. sanctions for over five years, making its continued success in the marketplace a story of both economic and geopolitical significance.
U.S. sanctions on the Shenzhen-based conglomerate intensified in 2018 when it was added to the Department of Commerce Entity List. Given its heavy reliance on Western technology, the United States anticipated Huawei’s demise. Indeed, facing significant revenue losses and a technology crunch, CEO Ren Zhengfei noted in an internal meeting, “Huawei is fighting for its life… we have a future if we survive.”
Ren’s military background has instilled a revolutionary spirit in the company since its inception. In military terms, he said, “It’s time to pick up the guns, mount the horses, and go into battle.”
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