Ren Zhengfei, Founder and CEO, Huawei, has spoken out about the benefits to be gained by deeper cooperation between US and Chinese companies in the technology field. Talking with international media in a recent press conference, the executive advocated for the easing of US-China trade restrictions and more open US trade under the Biden administration.<\/p>\n\n\n\n
\u201cTrade benefits all sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei’s production capacity is expanded, that would also mean US companies could sell more to Huawei. It’s a win-win situation,\u201d noted Zhengfei. \u201cWe still hope to be able to buy a lot of US components, parts and machinery, so that US companies can also develop with the Chinese economy.\u201d<\/p>\n\n\n\n
In recent years, the US has adopted stricter trade policies with China, particularly in the technology domain.<\/p>\n\n\n\n
Zhengfei acknowledged that some US politicians have concerns over the potential impact of 5G and the security of these networks. Reiterating comments from last year, Zhengfei stressed that Huawei is open to working with US companies to transfer knowledge around 5G and collaborate on technology licensing.<\/p>\n\n\n\n
\u201cAs long as the US asks for it, we would transfer everything from the [5G] source programs and source code to hardware design. I meant what I said, but no US company has come forward. If they want to talk, we’d be happy to talk,\u201d said Zhengfei.<\/p>\n\n\n\n
The executive added that Huawei doesn\u2019t have the energy to get involved in a \u2018political whirlpool\u2019 and prefers to focus on technology innovation.<\/p>\n\n\n\n
Zhengfei elaborated on how there are many industries that Huawei is not directly familiar with, such as airports, ports, coal mining, iron and steel production, automotive and aircraft manufacturing. That is why Huawei has built joint labs to learn more about the needs of these industries. Huawei now has more than 100 research centres and joint labs around the world, most of which specialise in areas like mathematics, physics, chemistry, biology and aesthetics. Some of these are applied research labs Huawei has built with its customers, such as joint labs with telecom operators.<\/p>\n\n\n\n
\u201cWe are still winning trust from a large number of customers,\u201d Zhengfei added. He cited how Huawei\u2019s networks in Europe are now among the top global network performance tests. The fact that consumers can now use products like the iPhone 12 to its fullest potential on Huawei 5G networks in Europe is a further testament to the quality of its networks.<\/p>\n\n\n\n
\u201cWe’ll continue serving our customers well by creating more value for them. We want them to have lasting faith in us and we hope that they won’t sway because of political pressure,\u201d he said.<\/p>\n\n\n\n
Responding to questions about the future of Huawei\u2019s device business, Zhengfei confirmed that Huawei is not just thinking about mobile phones. \u201cEverything that connects people or things are devices. That includes things like laser and ultrasonic radar, self-driving vehicles, household gas meters and so on. Mobile phones are only one part of the device category. So Huawei may transfer our 5G technologies to other [areas] in the future, but will never sell our device business.\u201d<\/p>\n\n\n\n
Despite Huawei being added to a US entity list ban in recent years, the Huawei founder remains optimistic about the company\u2019s future and that of the global technology industry.<\/p>\n\n\n\n
Zhengfei said he is more confident than ever about Huawei’s survival, due in part to the company having more ways to overcome its challenges. He also cited Huawei sales revenue and profits in 2020 as being higher than the previous year.<\/p>\n\n\n\n
\u201cWe rely on globalisation. As humanity keeps making progress, no company can develop a globalised industry alone. It requires concerted efforts from around the world. We won’t give up this ideal of globalisation and will continue doing business this way, no matter how harsh the sanctions or blocks are,\u201d Zhengfei said.<\/p>\n","protected":false},"excerpt":{"rendered":"
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