Huawei founder says he would oppose Chinese retaliation against Apple- Bloomberg

Credit: REUTERS/SOE ZEYA TUN

May 26 (Reuters) - Huawei Technologies' HWT.UL founder and Chief Executive Ren Zhengfei told Bloomberg that retaliation by Beijing against Apple Inc AAPL.O was unlikely and that he would oppose any such move from China against the iPhone maker.

When asked about calls from some in China to retaliate against Apple, Ren said that he would "protest" against any such step if it were to be taken by Beijing.

"That (Chinese retaliation against Apple) 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 with Bloomberg.

He conceded that export curbs from the administration of U.S. President Donald Trump will cut into a two-year lead built by Huawei over its competitors, but added that the company will either ramp up its chip supply or find alternatives to stay ahead in smartphones and 5G.

(Reporting by Kanishka Singh in Bengaluru Editing by Susan Thomas)

((Kanishka.Singh@thomsonreuters.com; +91 80 6749 0021;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.