'Don't be too optimistic': Huawei employees fret at US ban

File: Chinese telecom giant Huawei says it could roll out its own operating system for smartphones and laptops in China by the autumn after the United States blacklisted the company, a report said on May 23.BEIJING, China - While Huawei's founder brushes aside a US ban against his company, the telecom giant's employees have been less sanguine, confessing fears for their future in online chat rooms.

"During difficult times, what should we do as individuals?" posted an employee under the handle Xiao Feng on Thursday."Make a plan for your financial assets and don't be overly optimistic about your remuneration and income." The employee outlined a plan for China to block off its smartphone market from all American components much in the same way Beijing fostered its internet tech giants behind a"Great Firewall" that keeps out Google, Facebook, Twitter and dozens of other foreign companies.

One advocated turning to Alibaba's e-commerce platform Taobao to buy the needed components. Another dangled the prospect of setting up dozens of new companies to make purchases from US suppliers.

Can I get that job too

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World stock markets gain on US easing Huawei restrictionsEuropean stocks with Asian exposure and chip makers gain the most as sterling falls below $1.27 for first time since mid-January
Source: BDliveSA - 🏆 12. / 63 Read more »

US eases trade restrictions on Huawei | IOL NewsThe US government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimising disruption for customers.
Source: IOL - 🏆 46. / 51 Read more »

Trump’s Huawei ban takes its toll on US semiconductor sharesChina-listed firms rally as investors bet the company’s troubles could accelerate a campaign to replace imported technologies
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE set for slow start on Wednesday as Tiger and Lewis reportNews of a temporary US reprieve for Huawei nudges Asian stocks higher
Source: BDliveSA - 🏆 12. / 63 Read more »

Huawei exudes calm confidence as US ban hits homeHuawei has found itself smack-bang in the middle of a trade war between the United States and China. America is scared of competition
Source: City_Press - 🏆 7. / 72 Read more »

US urges South Korea to reject Huawei goods over 'security risks' | IOL NewsThe US government is lobbying South Korea not to use Huawei Technologies Co Ltd products, a South Korean newspaper reported.
Source: IOL - 🏆 46. / 51 Read more »

Panasonic also stepping away from Huawei after US banJapanese company will stop supplying some components to the Chinese mobile giant
Source: BDliveSA - 🏆 12. / 63 Read more »

Panasonic joins firms stepping away from Huawei after US banJapan's Panasonic said Thursday it would stop supplying some components to Huawei, joining a growing list of firms distancing themselves from the Chinese telecoms giant after a US ban over security concerns.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Top US diplomat Pompeo accuses Huawei of lying about links to Chinese stateCountries harden their stances as fallout from Huawei ban becomes evident
Source: BDliveSA - 🏆 12. / 63 Read more »

US, China harden their stands on Huawei as tech war intensifiesThe United States and China hardened their stances over Huawei.
Source: eNCA - 🏆 49. / 51 Read more »

China slams US 'rumours' over Huawei ties to Beijing | IOL NewsChina denounced US Secretary of State Mike Pompeo for fabricating rumours after he said the CEO of China's Huawei Technologies Co Ltd was lying about his company's ties to the Beijing government.
Source: IOL - 🏆 46. / 51 Read more »