Huawei Founder Ren Zhengfei Breaks Silence as Global Pressures Mount [Fortune]
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Source: Fortune
Huawei Founder Ren Zhengfei Breaks Silence as Global Pressures Mount Huawei Technologies founder Ren Zhengfei spoke to reporters on Tuesday with a calm that belied the significance of the occasion. It was the media-shy CEO’s first meeting with foreign press in three years. Ren, 74, has remained quiet as one government after another has accused his company of spying for and his daughter, Huawei chief financial officer Meng Wanzhou, awaits extradition to the United States on fraud charges. “If we are not able to sell in some markets we would rather have a smaller scale, so long as we can feed our employees,” said Ren, speaking through an interpreter. But the challenges facing Huawei, the world’s largest manufacturer of telecoms equipment and the second largest seller of smartphones, are severe. For three decades, the Chinese company has fought tirelessly to expand overseas; Ren’s comments Tuesday suggest he is settling in for an even longer fight, rather than throwing in the towel. A q
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