Huawei Founder Confident Company Will Prevail Despite ‘Mounting Difficulties’

What’s new: Facing U.S. sanctions and an increasingly challenging external environment, Huawei Technologies Co. Ltd. “will grow more prosperous despite mounting difficulties,” Ren Zhengfei, founder of the telecommunications equipment giant, said in an interview.

Ren made the remarks during a July interview with Liu Yadong, the former editor-in-chief of Science and Technology Daily, who published it on Thursday on his personal WeChat account. The daily is an official publication of the Ministry of Science and Technology.