As Huawei Technologies is struggling under the effects of US sanctionsThe company’s founder, Ren Zhengfei, said the smartphone maker is now seeing cloud services as the main focus of its smartphone and 5G operations.

After a SCMP The chief executive of the Chinese tech giant reportedly made the announcement in an internal speech back in November 2020. The founder had stated that the company had to develop its strength in cloud services and that the brand also had to achieve a “breakthrough”. in The Field. The officer added, “It is impossible for us to just go the same way Alibaba and Amazon … You have access to unlimited money on the US stock exchange. “

“Our corporate business must reduce its front line … If our strategy is too broad, we will lose our battle …

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