Huawei responds | Page12

"Huawei is preparing for Trump's veto and will not have any operating problems without US chips," said Ren Zhengfei, founder and CEO of Huawei, in an interview with Japan's Nikkei Asian Review. In fact, the shares of the tech giant have risen by just over 1%, reflecting the apparent calm with which the Chinese giant opposed the American veto. Ren acknowledged that Huawei "will experience a slight decline" due to the veto, but added, "The United States will lose credibility by threatening its trading partners." Google badured Huawei users that Android's core services would remain operational on their devices and Google China reported yesterday that the company was "complying with the standard" and "considering its implications".