- Grim outlook -
Huawei has emerged as a key bone of contention in the wider China-US trade war that has seen tit-for-tat tariffs imposed on hundreds of billions of dollars worth of goods.
President Donald Trump's administration has essentially banned
Huawei from the huge US market.
Last month it also added
Huawei to an "entity list" of companies barred from receiving US-made components without permission from Washington, though the company was granted a 90-day reprieve for now.
The US fears that systems built by
Huawei could be used by China's government for espionage via secret security "backdoors" built into telecom networking equipment.
Those fears have revolved in large part around Ren's background as a former Chinese army engineer, and questions over the privately-held
Huawei's corporate ownership structure, which some critics say is unusual and opaque.
Huawei strongly denies any links to China's government and says the United States has never provided proof of its accusations.
The Trump administration is pressing other countries to ban
Huawei equipment from their networks, particularly in the coming rollout of super-fast 5G networks, a global project in which
Huawei had been expected to play a leading role.
The US campaign has already spurred a number of major technology companies, including leading semi-conductor suppliers and brands such as Facebook and Google, to suspend cooperation with
Huawei.
In an analysis last week, global consultancy Eurasia Group said
Huawei "has little hope of staying on the global cutting edge in either smartphones or networking technology as long as it remains on the US Entity List."
"Over time, this will erode
Huawei's ability to offer globally competitive products, and the company will likely be forced to resort to selling second-best products in the domestic Chinese market as it seeks to rebuild its international business without US technology," it said.
bur-dma/sah
© Agence France-Presse
