Huawei founder: Will oppose Chinese retaliation against Apple - Bloomberg

Dhwani Mehta FXStreet

In an interview with Bloomberg, Huawei Technologies' founder and Chief Executive Ren Zhengfei noted that he would oppose any retaliation by China against Apple Inc, 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.

Ren added, “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,”

However, Ren conceded that export curbs from the administration of US President Donald Trump will cut into a two-year lead built by Huawei over its competitors, as cited by Reuters.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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