Huawei founder urges Honor subbrand to become competitor after split

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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 ...

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SHENZHEN, China: 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.

"Wave after wave of severe US 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 posted on a Huawei employee forum on Thursday . Huawei's rivals have been ramping up production orders, anticipating they can gobble up market share while the giant is unable to produce new handsets, several industry sources recently told Reuters.

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