Logo 24 Aug 2022

Huawei’s finger hovers over the panic button?

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On Tuesday, a leaked internal letter from Huawei founder Ren Zhengfei made the rounds on Chinese social media.
The big story: Ren sounded – frankly – kind of panicked at Huawei’s prospects of survival in the face of a possible global recession:

“The global economy will continue to decline … an...