Huawei founder and CEO Ren Zhengfei has recently did an interview with Bloomberg in which, he’s made the assertion that he neither expects nor hopes for a retaliation from the Chinese government against the Trump administration’s ban.
Zhengfei said: “That will not happen, first of all. And second of all, if that happens, I’ll be the first to protest.”
There are some serious issues on Huawei’s name in the United States, with American security agencies calling it out as a national security threat and urging consumers away from buying Huawei devices.
Other allegations of intellectual property and trade secret theft also mar the company’s reputation, even if hard evidence of material wrongdoing is still difficult to find. President Trump recently asserted that the measures taken by his administration are more of a trade negotiation move against China than a real national security response to Huawei.
Zhengfei also said that Huawei’s current precarious situation is like managing a plane with a hole in its side it’s not great, but the plane is still up, and the company will need to make appropriate adjustment