Billionaire Huawei Founder Defiant in Face of Existential Threat

In an interview with Bloomberg Television, the billionaire founder of China’s largest technology company conceded that Trump administration export curbs will cut into a two-year lead Huawei had painstakingly built over rivals like Ericsson AB and Nokia Oyj.The U.S. on May 17 blacklisted Huawei -- which it accuses of aiding Beijing in espionage -- and cut it off from the U.S. software and components it needs to make its products.