'One world, two systems not feasible'

Huawei will not be a closed company despite US sanctions, founder says

Ren Zhengfei, founder of Huawei Technologies Co Ltd, on Thursday expressed strong opposition to the idea of "one world, two systems" and said the Chinese tech giant will never be a closed company despite the US government restrictions against it.

"Huawei is preparing for backup plans amid the US government crackdown, but this is not a long-term choice for us. We would rather buy more components from foreign suppliers and produce less of our own components, because we want to get integrated into the world," Ren said during a dialogue with artificial intelligence experts in Shenzhen, Guangdong province.