'Don't be too optimistic': Huawei employees fret at US ban

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'Don't be too optimistic': Huawei employees fret at US ban
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Huawei CEO Ren Zhengfei declared this week the company has a hoard of microchips and the ability to make its own.

File: Chinese telecom giant Huawei says it could roll out its own operating system for smartphones and laptops in China by the autumn after the United States blacklisted the company, a report said on May 23.BEIJING, China - While Huawei's founder brushes aside a US ban against his company, the telecom giant's employees have been less sanguine, confessing fears for their future in online chat rooms.

"During difficult times, what should we do as individuals?" posted an employee under the handle Xiao Feng on Thursday."Make a plan for your financial assets and don't be overly optimistic about your remuneration and income." The employee outlined a plan for China to block off its smartphone market from all American components much in the same way Beijing fostered its internet tech giants behind a"Great Firewall" that keeps out Google, Facebook, Twitter and dozens of other foreign companies.

One advocated turning to Alibaba's e-commerce platform Taobao to buy the needed components. Another dangled the prospect of setting up dozens of new companies to make purchases from US suppliers.

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