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Huawei CEO says China shouldn't punish Apple




Asked in an interview with Bloomberg about calls in China to boycott Apple ( AAPL ) Ren said he would be up to any such retaliatory action from Beijing even as tensions with the United States escalate.

"That won't happen first of all, and second of all if that happens, I'll be the first to protest," Pure customs Bloomberg.

"Apple is the world's leading company. If there was no Apple, there would be no mobile internet," Ren said. "Apple is my teacher, it's advancing in front of us, as a student why should I oppose my teacher?" he added.

The comments come as Ren's company is in crisis mode.

The US Department of Commerce placed Huawei on a trade blacklist earlier this month, effectively barring it from conducting business with American companies.
The ban forced suppliers like Google ( GOOGL ) and ARM Holdings to cut off with the Chinese company. Top carriers in the UK and Japan are also delaying the launch of Huawei smartphones.

The US restrictions threaten Huawei's position as the world's largest telecommunications equipment maker and no. 2 smartphone fire.

Washington's ban on the Chinese company "could pause the smartphone industry by pausing Huawei's positive momentum," analysts said Fitch Ratings in a note on Sunday. The ban could also benefit industry leader Samsung as consumers around the world look for alternatives to Huawei smartphones, they added.

 What did Huawei do to land in the hot water with the US? </span> </div>
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<p> Huawei and Apple have had different fortunes in Huawei's home market of China. </p>
<p> Huawei shipped nearly 30 million phones in China in the US quarter ended March, up 41[ads1]% compared to the same period last year, according to research firm Canalys. </p>
<p> Meanwhile, Apple saw its iPhone sales in China drop 30% in the same period. The country remains a key market for Apple. Greater China, which includes Taiwan and Hong Kong, accounted for nearly 18% of net sales in the quarter ended March. <strong> </strong> </p>
<p> During an earning call last month, Apple CEO Tim Cook said iPhone sales in China should be boosted by "improved trade dialogue" between Beijing and Washington and "very positive customer response to the pricing actions we" ve taken in that market. " </p>
<div class=
 Huawei could be the first big casualty of China's clash with America

But since then, trade talks between Washington and Beijing broke down, and both sides ratcheted up tensions by slapping more penalties on billions of dollars worth of American and Chinese products.

Apple renewed trade disputes, according to Fitch Ratings analysts.

"Apple could be another victim of the US-China trade war and its market share may accelerate in the Chinese market," they said.

US President Donald Trump last week called Huawei "very dangerous," but then said he could be included in a broader trade deal with China

Ren customs Bloomberg using his company as a bargaining chip is "a big joke." '

" US trade? " he said.



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