Tuesday, 20 August, 2019

Huawei founder dismisses security concerns, praises Trump

Huawei founder denies spying for China in rare interview Huawei's Founder Breaks Years of Silence Amid US Attacks
Rhonda Young | 16 January, 2019, 16:00

Ren Zhengfei, founder and CEO of Huawei, gestures during a round table meeting with the media in Shenzhen city, south China's Guangdong province, Tuesday, Jan. 15, 2019.

Ren said that he misses his daughter very much but is optimistic that justice will prevail in the end.

Ren heaped praise on Donald Trump and said he'll take a wait-and-see approach as to whether the president will intervene on behalf of his daughter, something Trump said he might do if it helps secure a trade deal or is in the US's national security interests. "I don't see a close connection between my personal political beliefs and the businesses of Huawei". Huawei is one of China's most important technology companies.

Ren said he didn't believe Huawei would face USA penalties similar to those that almost drove ZTE Corp. out of business.

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"He dares to massively cut tax, which will benefit. business", he added. Rahaf Mohammed al-Qunun, 18, who barricaded herself in a Bangkok hotel during her escape, said: "I hope my story encourages other women to be courageous and free". However, a Huawei sales executive was arrested in Poland last week on grounds of spying for China and was sacked by the weekend. "But you have to treat well the companies and countries so that they are willing to invest in the USA and the government will be able to collect enough tax", he said.

Ren's comments were the 74-year-old former military engineer's most direct public response to accusations the world's biggest maker of telecom network gear is controlled by the ruling Communist Party or is required to facilitate Chinese spying. Meng is accused of violating USA sanctions by doing business with Iran and her detention has set off a tit-for-tat of arrests between Canada and China.

Huawei has long faced a reputation of alleged ties to the Chinese government, which makes Western business and governments nervous that Huawei equipment could be used as tools for Chinese spying.

Ren said there is no law in China that requires any company to install a mandatory back door to telecommunications equipment.

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Australia and New Zealand banned its gear a year ago and a top British operator moved to remove its existing equipment, while concerns grow in Canada, Japan, France, Germany, Poland, the Czech Republic and other countries. "As long as we can survive and feed our employees, there's a future for us", he said, according to Bloomberg.

"Huawei is not a public company, we don't need a lovely earnings report", he said.

But Mr Ren held out the prospect of this being avoided.

However, he said, "If companies are getting frightened by the detention of certain individuals, then investors might be scared away, and that is not in the interests of the United States". Washington barred ZTE from buying American technology over its exports to Iran and North Korea but restored access after the company paid a $1 billion fine, replaced its executive team and installed USA -selected compliance monitors.

China's trade surplus with the United States grew in 2018 but tariffs bite
Official data also showed the manufacturing sector contracted in December for the first time in more than two years. However, in a sign that the White House's measures are having an impact, China's exports to the USA sank last month.

"What happened to ZTE, I don't believe will happen to Huawei", said Ren. But Huawei has repeatedly denied the possibility of such happening.

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