Huawei founder waves off US chip curbs while trade talks proceed

Huawei Technologies Co. founder Ren Zhengfei dismissed the impact of US export restrictions on China in a front-page People’s Daily article, wading into one of the key topics dogging Washington-Beijing trade negotiations.

Ren, one of the country’s most recognisable business figures, told the Communist Party’s official newspaper he wasn’t worried about Washington’s efforts to cut off the flow of US technology to China’s chip sector. Domestic firms could resort to means such as chip packaging or stacking to achieve results similar to that from advanced semiconductor technology.