The founder of embattled tech giant Huawei said Thursday that the firm's financing from western banks was not "very smooth", but insisted the group would resume growth in 2022 despite biting US sanctions.
Speaking at a panel discussion organised by the company at its headquarters in Shenzhen, southern
China, CEO and founder Ren Zhengfei admitted the US
sanctions had affected Huawei's financing.
"In the past we used to get financing from western banks, now the western bank financing pipeline has slowly been not so smooth," Ren said.