If Trump calls me, ‘I may not answer’: Huawei’s billionaire founder defiant in storm that threatens his company’s survival

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Ren Zhengfei admits U.S. sanctions will cut into Huawei’s 5G lead, but company will find solutions

Huawei Technologies Co. founder Ren Zhengfei struck a defiant tone in the face of U.S. sanctions that threaten his company’s very survival.

Ren has gone from recluse to media maven in the span of months as he fights to save the US$100 billion company he founded. The 74-year-old billionaire emerged from virtual seclusion after the arrest of eldest daughter and chief financial officer Meng Wanzhou as part of a broader probe of Huawei. He’s since become a central figure in a U.S.-Chinese conflict that’s potentially the most important episode to shape world affairs since the collapse of the Soviet Union.

“We have made some really good chips,” said Ren, a legendary figure in his home country thanks to the way he built Huawei from scratch into a global powerhouse. “Being able to grow in the toughest battle environment, that just reflects how great we are.” Beijing itself isn’t without options. Some speculate China might retaliate against the ban of Huawei — which may widen to include some of its most promising AI firms — by in turn barring America’s largest corporations from its own markets. Apple Inc. could relinquish nearly a third of its profit if China banned its products, Goldman Sachs analysts estimate.“That will not happen, first of all. And second of all, if that happens, I’ll be the first to protest,” Ren said in the interview.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

But he answered the phone when Iran called, didn’t he?!?

The difference is if he doesn't answer his company goes under and the USA and their economy keep chugging along

I would bet that he would answer.

je me souviens Nortel

That would be best, as would be acknowledging Huawei is a state-controlled intelligence apparatus. FVEY cc 911CORLEBRA777

All I can say is “ send her home”.

lol BS

if he doesnt answer hes an idiot...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: Global stocks, oil edge higher on muted trade optimismPremarket: Global stocks, oil edge higher on muted trade optimism GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »