At the China Information Technology Hundreds Conference yesterday, Huawei’s consumer business CEO Yu Chengdong mentioned the impact of the ban on the development of Huawei and HiSilicon chips, and also mentioned TikTok, which was recently sanctioned by the United States. He believes that TikTok is one of the few Internet companies in China that is determined to globalize. Most other Chinese Internet companies are lying in the comfort of China’s big market and should be encouraged to make global money .
Naijatechnews previously reported that US President Trump signed a new executive order yesterday to block all transactions with TikTok’s parent company Bytedance. If ByteDance does not sell TikTok within 45 days, it will be banned by the United States.
Related reading: Trump signs executive order: TikTok must be sold within 45 days, otherwise ByteDance will be banned
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