As the US-China trade continues to escalate, it has been suggested that China could relate to the Huawei ban by enforcing a large American company like Apple. However, even Huawei's own founder Ren Zhengfei admitted that it would be such a move, offering praise for the iPhone maker.
Speaking through a translator, Ren customs Bloomberg that Apple is the world's leading company and his "teacher":
That will not happen, first of all. And second of all, if that happens, I'll be the first to protest. Apple is the world's leading company. If there was no Apple, there would be no mobile internet. If there was Apple to help show us the world, we would not see the beauty of this world. Apple is my teacher ̵1; it's advancing in front of us. As a student, why should I oppose my teacher? I would never do that.
Last week, investment firm Goldman Sachs warned that Apple's share earnings could take a 29 percent hit if China stops importing its products.
Ren appeared confident that Huawei can prevail despite the U.S. trade ban, suggesting that the company will ramp up its in-house technologies if necessary. Huawei already designs its own Kirin processors for some smartphones, but that relies on ARM, which severed with Huawei after the U.S. trade ban.
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