Huawei Boss’s Internal Speech Hints at the Company Possibly Going Public

Huawei Boss’s Internal Speech Hints at the Company Possibly Going Public
Huawei founder and CEO Ren Zhengfei adjusts his headphones as he hosts a panel discussion in Shenzhen, China, on June 17, 2019. Hector Retamal/AFP via Getty Images
Jennifer Bateman
Updated:

Ren Zhengfei, the founder and CEO of Chinese tech giant Huawei, said in an internal speech last month that if parts of the business slowly move to the capital market, the manipulation of finances would be a legal problem. His words have led to speculation that Huawei may go public, as U.S. sanctions against Huawei have made its cash flow a big issue.

In April last year, in an online interview with the South China Morning Post, Ren said that Huawei would “probably go public in 3,000 years.”

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