Huawei shrugs off threat of US ban

Huawei's chairman on Sunday shrugged of the risk that President Donald Trump could issue an executive order banning the Chinese telecom giant, saying the company could succeed without the US market. Guo Ping said such an order "is not necessary and should not be released" but if issued would have little impact on Huawei, which has become the leading supplier of the backbone equipment for wireless mobile networks worldwide. "In 2018 Huawei had revenues of over 100 billion dollars.

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