Huawei CEO reportedly puts company in survival mode

Huawei CEO Ren Zhengfei has reportedly told staff that tough economic times represent a real threat to the company. Reports in Chinese outlets Yucai and NetEase allege that Ren posted a missive on Huawei’s internal networks in which the CEO called for the company to prioritize cash flow and profit instead of growth and scale.
Read more: https://www.theregister.com/2022/08/24/huawei_ceo_warning/?source=Snapzu