Huawei exec: Tech is biggest loser in trade war

Davos, Switzerland (CNN Business)One of the companies at the center of the trade war between the United States and China is warning of consequences across the tech industry.

“We’ve seen the damaging effect on many of the companies, including Huawei, from the trade war,” Ken Hu, the company’s deputy chairman, said Tuesday at the World Economic Forum.
“As the technology industry, we heavily rely on the global supply chain and the global innovation ecosystem, so we are probably suffering the most right now,” he said during a panel discussion in Davos, Switzerland.

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