Huawei may need two to three years to recover from US trade ban: CEO
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Chinese tech giant Huawei CEO Ren Zhengfei said the company will need two or three years to overcome the damage the sanction has caused and to survive the trade blockade by the US. "Based on the current situation, I think there is no problem that we cannot survive," 75-year-old Ren said. "Huawei is now producing telecom network equipment without US chips or components," the CEO added to make his point strong.