Huawei CEO says he did not expect such a ferocious, large-scale US attack on the Chinese telecoms giant

ipment vendor to a US trade blacklist was expected to wipe out US$30 billion of sales growth.

Ren was speaking during an open panel discussion called “A coffee with Ren”, in which Huawei’s founder held a wide-ranging talk with two American technologists, George Gilder and Nicholas Negroponte. Although speaking in a slightly softer tone than his usual direct style, Ren nevertheless remained upbeat about Huawei’s long-term future.Huawei in March reported a 19.5 per cent jump in annual revenue to 721.

The spat comes as trade tensions between the US and China continue to rise in the absence of a comprehensive agreement on tariffs and market access.In mid-May, the US government placed Huawei and its affiliates on a trade blacklist that restricts the company from buying services and parts from US companies without approval.

In May, Huawei’s mobile chief Richard Yu Chengdong revealed that Huawei’s self-developed OS, which can be used in place of Android, is likely to hit the market as soon as this autumn, and no later than spring next year, and will be able to support a range of products and systems within its ecosystem, including smartphones, computers, tablets, TVs, automobiles and smart wear.

Asia factories are in loss because of huawei's ..greed

look at the bright side. america gave huawei the kind of publicity no other private companies had for the long run which probably worth more than the losses

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