Chinese vendor Huawei Technologies announced plans to move the company’s current research and development center in the U.S. and relocate to Canada, The Globe and Mail reported the company’s founder and CEO Ren Zhengfei as saying.
Ren revealed the initiative in an interview with the Canadian newspaper, as the Chinese company seeks to reduce its exposure in the U.S after being placed on a trade blacklist by the U.S. Commerce Department in May over security concerns.