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Huawei founder Ren Zhengfei says he does not expect big impact from 5G pushback

  • Huawei’s lead in 5G stands it in good stead, founder Ren Zhengfei says

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Ren Zhengfei, founder and chief executive officer of Huawei Technologies Co., speaks during an interview at the company's headquarters in Shenzhen, China, on Tuesday, January 15, 2019. Ren, the billionaire telecom mogul, broke a years-long silence as his technology empire faces its biggest crisis over three decades of existence. Photographer: Qilai Shen/Bloomberg
Meng Jing

The walls appear to be closing in on Huawei Technologies in the US, Europe and elsewhere, but founder Ren Zhengfei said he is not too worried.

Speaking to reporters for a second time this week, the 74-year-old said that Huawei has anticipated the growing suspicions over the security of its telecommunication network equipment.

“We have anticipated more than a decade ago that we may face such problems as we are seeing today and been preparing for it,” he said in a briefing at the company’s Shenzhen headquarters on Thursday. “These problems will affect us, but the impact won’t be very big and there won’t be a major problem.”

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Ren rarely gives interviews and his second meeting with reporters this week is part of a public-relations campaign to reassure the company’s 180,000 employees and customers to “project confidence, promote understanding and trust in Huawei”.

Huawei is facing growing pressure from Western countries, particularly the US, where some politicians consider it an arm of the Chinese government. Pressure has been mounting on Huawei as the company’s chief financial officer, Meng Wanzhou, faces a potential extradition to the US from Canada on fraud charges.
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