Forget Donald Trump, Will Have Tea At 10 Downing Street: Huawei CEO

Forget Donald Trump, Will Have Tea At 10 Downing Street: Huawei CEO

New Delhi: In a strong signal to US President Donald Trump who is urging European allies to put pressure on or even block Huawei, the Chinese conglomerate’s Founder and CEO Ren Zhengfei has stressed that the US campaign against the company would not be powerful enough to call on everyone to follow them.

Petrified at the Chinese dominance in the field of 5G - a technology that has the potential to grow from approximately $528 million in 2018 to $26 billion in 2022 at a compound annual growth rate (CAGR) of 118 per cent - Trump has imposed fresh restrictions on Chinese telecom giant Huawei in the US, followed by several American tech giants like Google, Qualcomm and Intel announcing to cut business ties with Huawei.

In a lengthy discussion with the Chinese media, Zhengfei denied that restrictions imposed by the US on its products and supplies will affect the roll-out of 5G technology. “I used to have afternoon tea at 10 Downing Street. They asked me how I learned to catch up with the rest of the world, and I said it was the afternoon tea. “Therefore, they received me with afternoon tea at Downing Street. We have been communicating with leaders of different countries. Every country has their own interests. The campaign of the US will not be powerful enough to call on everyone to follow them,” the Huawei CEO told the media. (IANS)

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