Huawei chief says US may 'escalate' but confident on business

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Ren Zhengfei says company has invested intensely in protecting itself and is well-prepared this year. FMTNews Huawei

Huawei CEO and founder Ren Zhengfei says US should not be overly concerned about Huawei.

Huawei, the global leader in telecom networking equipment, has also been effectively banned by the United States from working with American firms on the grounds that it poses a national security threat — an accusation the company has consistently denied. Meng has denied the allegations. She has been out on bail, living in one of her two Vancouver mansions for the past year.

Washington has banned US companies from selling equipment to Huawei, locking out the smartphone giant from access to Google’s Android operating system.

 

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