Chinese vendor Huawei is not expecting the Biden administration to remove the company from the Entity List, the company’s rotating CEO, Eric Xu, said during a session with journalists at the Huawei Global Analyst Summit 2021.
“We believe that we will need to continue working and surviving while on the Entity List for a long time. We cannot develop our strategy based on wrong assumptions or unrealistic hopes. Our overall strategy and specific initiatives are all developed to ensure that we could survive and develop while remaining on the Entity List for a long time,” the executive said.
