Huawei founder Ren Zhengfei confident US cannot crush the company


Huawei founder Ren Zhengfei says there is “no way the US can crush” the company.

Zhengfei described the arrest of his daughter Meng Wanzhou, the company’s chief financial officer, as politically motivated.

The US is pursuing criminal charges against Huawei and Meng, including money laundering, bank fraud and stealing trade secrets.

Huawei has however denied any wrongdoing.

Zhengfei in his first international broadcast interview since Meng was arrested, dismissed the pressure from the US.

However, he acknowledged that the potential loss of custom could have a significant impact.

Last week, US Secretary of State Mike Pompeo warned the country’s allies against using Huawei technology, saying it would make it more difficult for Washington to “partner alongside them”.

Australia, New Zealand, and the US have already banned or blocked Huawei from supplying equipment for their future 5G mobile broadband networks, while Canada is reviewing whether the company’s products present a serious security threat.