Huawei Technologies' founder and chief executive Ren Zhengfei has said that retaliation by Beijing against Apple was unlikely. 

Ren Zhengfei also said that he would oppose any such move from China against the iPhone maker. 

When asked about calls from some in China to retaliate against Apple, Ren said that he would "protest" against any such step if it were to be taken by Beijing. 

"That (Chinese retaliation against Apple) will not happen first of all and second of all, if that happens, I'll be the first to protest," Ren said in the interview with Bloomberg. 

He conceded that export curbs from the administration of US President Donald Trump will cut into a two-year lead built by Huawei over its competitors.

But he added that the company will either ramp up its chip supply or find alternatives to stay ahead in smartphones and 5G.