Possibly.
As the October ruling gets closer, Ren Zhengfei has also begun his actions. According to foreign media reports, Huawei will withdraw from the Canadian market, close its Canadian branch, lay off nearly 4,500 Canadian branch employees, and close its 5G network authorization in Canada.
Huawei Technologies Co., Ltd. was established in 1987 and is headquartered in Longgang District, Shenzhen City, Guangdong Province. Huawei is the world's leading information and communications technology (ICT) solution provider. It focuses on the ICT field, adheres to stable operations, continuous innovation, and open cooperation, and has built an end-to-end network in the fields of telecom operators, enterprises, terminals, and cloud computing. Solution Advantages.
Provide competitive ICT solutions, products and services for operator customers, enterprise customers and consumers, and are committed to realizing the future information society and building a better fully connected world. In 2013, Huawei surpassed Ericsson, the world's largest telecommunications equipment manufacturer, for the first time, ranking 315th on the Fortune Global 500.