Meng Wanzhou, Huawei’s rotating chairwoman and chief financial officer, made the announcement in Shanghai during a company event.
Huawei’s decision follows a similar move by fellow Chinese tech giant Alibaba (BABA), announced earlier this month, to prioritize AI.
Hacking allegationsNews of Huawei’s strategic update came the same day the company was mentioned in allegations lodged by China against the United States.
In 2019, Huawei was added to the US “entity list,” which restricts exports to select organizations without a US government license.
In recent weeks, Huawei has added to US-China tensions again after launching a new smartphone that represents an apparent technological breakthrough.
Persons:
Meng Wanzhou, Meng, “, China —, Ren Zhengfei, Mengchen Zhang
Organizations:
Hong Kong CNN, Huawei, Intelligence, Iran, US Department of Justice, China’s Ministry of State Security, United, US National Security Agency, NSA
Locations:
China, Hong Kong, Shanghai, Canada, United States