Finance News

CEO of Huawei Says Apple is The Role Model Regarding User Data Handling

Until a year or so ago, Chinese tech giant Huawei was flying high amid record smartphone sales and global demand for its telecommunication equipment. However, the past seven months have been a bit of a nightmare for the company as it was accused of being a vehicle for Chinese state spying and eventually blacklisted by the authorities in the United States. That being said, there are hopes that the situation could change soon with the US, indicating that the barriers to Huawei could be relaxed.

In a new development, the Chief Executive Officer of Huawei, Ren Zhengfei interviewed with a leading publication and reiterated that the company is fully committed to protecting users’ privacy, before adding that Apple is the gold standard when it comes to that particular thing. It is a well-known fact that Apple prides itself in its commitment to protecting information related to its users and an endorsement from one of the world’s most powerful CEOs comes as a major boost for the company. It is particularly important since many of the biggest tech companies in the world are viewed with suspicion when it comes to the protection of users’ privacy.

During his interview, Zhengfei spoke about the competence of Huawei employees and how the company is committed to protecting the date of its users. He said that if the company is actually involved in spying, then its customers will move away and the company will simply collapse under the burden of its debts. Zhengfei said, “After that, who would pay the debts we owe? Our employees are all very competent, so they would resign and start their own companies, leaving me alone to pay off our debts. I would rather die.” He went on to add that Huawei is simply a telecom equipment provider and the company does not track any data with regards to its users. These are highly important comments from the company’s CEO and perhaps reflects the fact that Huawei might be in with a chance of perhaps resuming its operations in the United States.

Charisse Rowe

Charisse Rowe is a finance news writer and expertises in delivering new and unique content. She writes latest finance news-stories fxpunch.com. She has keen interest in reading finance magazines.

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