Reuters first to report Huawei founder urges shift to software to counter U.S. sanctions

Reuters was first to report that the founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company’s staff to “dare to lead the world” in software as the company seeks growth beyond the hardware operations that U.S. sanctions have crippled. The internal memo from Ren Zhengfei, seen by Reuters, is the clearest evidence yet of the company’s direction as it responds to the immense pressure sanctions have placed on the handset business that was at its core.