Information has appeared on the Internet about an internal letter that Huawei employees received. Its author was
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In his address, the top manager told whatthe corporation should focus its attention in the near future. Instead of chasing scale, the tech giant will focus on generating profits and cash flow.
The main principle is survival, marginalbusinesses will downsize and close, and everyone will feel the cold <…> We must clearly understand that building ICT infrastructure is Huawei's historic mission, and the more difficult times are, the less we can hesitate.
Ren Zhengfei
Note that Huawei is under strictUS sanctions since May 2019. It was then that the company was blacklisted for exports from the United States, which in turn deprived it of high-quality microchip development and supply of components from third-party suppliers.