Huawei founder urges Honor subbrand to become competitor after split

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By David Kirton
SHENZHEN, China (Reuters) - Huawei founder Ren Zhengfei called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanction-hobbled supply chains alive.
Huawei Technologies said earlier this month it would sell Honor to a new entity called Shenzhen Zhixin New Information Technology, formed of its agents and dealers, so it could resume sourcing components currently restricted by U.S. sanctions.
The U.S. government says Huawei is a national security threat, a claim the company denies.
"Wave after wave of severe U.S. sanctions against Huawei has led us to finally understand, certain American politicians want to kill us, not just correct us," Ren said, according to a speech ...


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