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Huawei crackdown

Huawei warns of industrywide 'destruction' if US tightens curbs

China will not 'stand by' if Washington further restricts the company, says rotating chairman

A focus on its home market of China helped Huawei weather last year's headwinds from the U.S.   © Reuters

TAIPEI -- Huawei Technologies has warned that American companies could face a retaliatory sales ban in China if Washington goes ahead with plans to tighten export controls on the tech conglomerate, leading to "catastrophic destruction" for the tech industry as a whole.

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