The founder of the Chinese company, Huawei Ren Zhengfei spoke out against the possible introduction of sanctions against Apple in response to the restrictions, which affected his company. He stated this in an interview with Bloomberg.
“First, this will not happen. Secondly, if that happens, I’ll be the first who will speak against,” he said. Z. Ren added that he believes the American company to be their teacher. According to him, the restrictions on his company entered the US, would prevent it to evolve, however, Huawei may increase supplies to the market its own chips, or will find alternative, how to keep advantage in the production of smartphones and equipment for 5G.
The President of the United States Donald trump in mid-may imposed a state of emergency to ensure information and communication security. According to his order, the American company I can not use the telecommunication equipment manufactured by firms that pose a threat to national security. In the black list includes Huawei sign new agreement for the U.S. business she needs a special license. After the introduction of restrictions with the Chinese company refused to work Google, Intel, Qualcomm, Xilinx and Broadcom. But on may 21 the United States has provided Huawei temporary relief.
China in response has threatened to respond to their own limitations. Goldman Sachs analysts then said that if the Chinese side will take action against Apple, it could cost American companies almost one third of the profits. Even if Beijing will not accept the decision on sanctions, nationalist sentiment, most likely, will still harm the sales of American companies in China.
The decision on the restrictions was made on the background of escalation of trade confrontation between the United States and China. In may, negotiations between Washington and Beijing have stalled. After that, the U.S. and China mutually exchanged trade restrictions. The American side increased the duties on imports from China in the amount of $ 200 billion, and China has imposed tariffs on goods from the US worth $ 60 billion.
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