Huawei's founder says instead of crippling the company, the export curbs are making it a tougher competitor, forcing managers to focus resources on their most important products.
Little-known to Americans, Huawei Technologies Ltd. is the No. 2 smartphone brand. It's also the biggest maker of switching gear for phone networks. Its equipment is used by 45 of the 50 biggest global phone carriers.
Huawei is a pioneer in the emerging field of next-generation, or 5G, telecoms, that will bring faster internet and support self-driving cars and other futuristic applications. That fuels Western security concerns and makes 5G politically sensitive.