Huawei founder says company's 5G tech won't affected by U.S. blacklisting

Reuters: Huawei founder Ren Zhengfei told Chinese state broadcaster CCTV on Tuesday (May 21) that some his company's most advanced technology, including 5G, "won't be affected" by recent measures taken by the U.S. government to prevent from doing business with U.S. companies. On Thursday (May 16), the U.S. Commerce Department added Huawei and 68 entities to an export blacklist that would it make it nearly impossible for the Chinese company to purchase goods made in the U. But the U.S. government said on Monday (May 20) that it had temporarily eased these restrictions on Huawei, a move aimed at minimizing disruption for its customers. Ren told CCTV that despite being on the U.S. Commerce Department's blacklist, Huawei "wont be affected" by it, and that U.S. companies "share a common fate" with Huawei. He also took the opportunity to "thank" U.S. companies for all the contributions they had made to Huawei over the past thirty years.