Huawei founder details 'battle mode' reform plan to beat U.S. crisis

China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a "live-or-die moment" in the wake of U.S. export curbs, founder Ren Zhengfei said.

from Reuters: Business News https://ift.tt/2L9DjHt