• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
World Economic Forum

Huawei founder Ren Zhengfei opens up in Davos

Michal Lev-Ram
By
Michal Lev-Ram
Michal Lev-Ram
Special Correspondent
Down Arrow Button Icon
Michal Lev-Ram
By
Michal Lev-Ram
Michal Lev-Ram
Special Correspondent
Down Arrow Button Icon
January 22, 2015, 10:37 AM ET
The Davos World Economic Forum 2015
Ren Zhengfei, president of Huawei Technologies Co., gestures as he speaks during a session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2015. World leaders, influential executives, bankers and policy makers attend the 45th annual meeting of the World Economic Forum in Davos from Jan. 21-24. Photographer: Jason Alden/Bloomberg via Getty ImagesPhotograph by Jason Alden — Bloomberg/Getty Images

Ren Zhengfei, Huawei’s secretive founder and CEO, just became slightly less secretive. On Thursday the Chinese businessman sat down for a rare public interview at the annual World Economic Forum in Davos, Switzerland. Zhengfei, a controversial figure who got his start as a People’s Liberation Army officer and went on to found China-based telecom giant Huawei, has rarely granted media interviews, let alone appearances that are broadcast online. (Zhengfei even took a few seemingly unscripted questions from the audience.)

Here, in no particular order, are seven takeaways from his conversation with BBC correspondent Linda Yueh:

1.) Zhengfei comes from humble origins. “We had salt to cook with so we were considered wealthy,” he told his interviewer. (His company, Huawei, is expected to have raked in a whopping $46 billion last year—that’s a whole lot of salt.)

2.) The aging entrepreneur says he joined the Chinese army “by chance.” According to Zhengfei, fabric was rationed at the time (the 1970s), which led the government to build a factory that makes synthetic fabric. Because the factory was located in the middle of nowhere, very few workers were willing to go build it. So the government then called in the military, which in turn corralled anyone with a university education to come help. “That was how I entered the military,” said Zhengfei, a former civil engineering student. “I think that was a good thing to do.”

3.) Zhengfei has nothing but love for the United States. That’s a little hard to believe given that the U.S. government has largely kept Huawei out of the American market, at least when it comes to telecom-networking equipment. (The company also sells mobile phones and other electronics.) But Zhengfei even went as far as to say he has never thought that the United States isn’t fair to Huawei. “The most important thing in the U.S. is openness,” said Zhengfei. “As for our position today, we don’t just look at the people around us as competitors, but rather as friends.” To help illustrate his point, the CEO used an interesting analogy: “We always say, we divide the watermelon in eight pieces and we only want one piece.”

4.) When asked if his company has ever been asked to use its networking equipment to eavesdrop on communications in China or elsewhere, Zhengfei insisted that has never happened. “There’s no way we can possibly penetrate into other people’s systems and we have never received such a request from the Chinese government,” he said. Some U.S. officials would probably beg to differ, though that hasn’t stopped Huawei’s growth in most non-U.S. markets.

5.) One of the secrets to Huawei’s success, according to Zhengfei, is its extremely focused dedication to serving its customers, come hell or high water—literally. Case in point: Huawei operates in 170 countries and has never ceased services even when its own employees are faced with danger. Some examples given by Zhengfei include a tsunami, a civil war, and an earthquake.

6.) The biggest threat to Huawei’s future isn’t war or natural disasters or competitors or even the U.S. government. “The biggest enemy is not others—it’s ourselves,” said Zhengfei. The billionaire CEO (and largest shareholder of the company) says he fears Huawei will grow too fast and make too much money. “We are a small grass but we try to grow from a small grass to a small tree,” said Zhengfei. (Who knew he was such a poet?)

7.) Lastly, Zhengfei maintains that he is neither secretive nor mysterious. At least, not by intention. “I am not mysterious at all,” Zhengfei told the audience. “I know nothing about technology, and I know nothing about finance. If you don’t know much you better not show up, otherwise people might see the back of your pants are very dirty. I do not maintain this low profile on purpose.”

About the Author
Michal Lev-Ram
By Michal Lev-RamSpecial Correspondent
Twitter icon

Michal Lev-Ram is a special correspondent covering the technology and entertainment sectors for Fortune, writing analysis and longform reporting.

See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

He was coding at 12 and became one of Google’s youngest ever CMOs—but now says Gen Z are better off ice skating than learning to code
SuccessCareers
He was coding at 12 and became one of Google’s youngest ever CMOs—but now says Gen Z are better off ice skating than learning to code
By Orianna Rosa RoyleApril 14, 2026
2 hours ago
Mortgage rates today, April 14, 2026
Personal Financemortgages
Mortgage rates today, April 14, 2026
By Glen Luke FlanaganApril 14, 2026
2 hours ago
Current refi mortgage rates report for April 14, 2026
Personal Financemortgage rates
Current refi mortgage rates report for April 14, 2026
By Glen Luke FlanaganApril 14, 2026
2 hours ago
Current ARM mortgage rates report for April 14, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for April 14, 2026
By Glen Luke FlanaganApril 14, 2026
2 hours ago
Most of Wall Street points to high oil prices as the driver of inflation. A maverick Johns Hopkins economist says they’re chasing the wrong culprit
EconomyU.S. economy
Most of Wall Street points to high oil prices as the driver of inflation. A maverick Johns Hopkins economist says they’re chasing the wrong culprit
By Shawn TullyApril 14, 2026
2 hours ago
Donald Trump walks outside, putting a fist in the air.
PoliticsTariffs
Tariffs are the new normal, and now most CEOs expect the import taxes to outlast the Trump administration, PwC report finds
By Sasha RogelbergApril 14, 2026
3 hours ago

Most Popular

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Fortune EditorsApril 13, 2026
17 hours ago
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
Economy
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
By Fortune EditorsApril 12, 2026
2 days ago
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Fortune EditorsApril 11, 2026
2 days ago
Current price of oil as of April 13, 2026
Personal Finance
Current price of oil as of April 13, 2026
By Fortune EditorsApril 13, 2026
20 hours ago
U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says
Economy
U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says
By Fortune EditorsApril 13, 2026
17 hours ago
As the U.S. Navy attempts to take control of the Strait of Hormuz today, Trump asks the Pope to shut up
Politics
As the U.S. Navy attempts to take control of the Strait of Hormuz today, Trump asks the Pope to shut up
By Fortune EditorsApril 13, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.