SHENZHEN, China -- Huawei Technologies' founder and chief executive blasted the Trump administration's decision to add his company to a government blacklist, insisting the Chinese telecom equipment maker has done nothing illegal.
"We have not done anything which violates the law," CEO Ren Zhengfei told Japanese media at company headquarters in Shenzhen on Saturday in his first interview since the U.S. decision to restrict trade with Huawei.
Ren indicated that his company will continue developing its own chips to lessen the impact of the ban on its production. Ren said it would be "fine" even if Qualcomm and other American suppliers would not sell chips to Huawei. "We have already been preparing for this," he said.
Huawei unit HiSilicon Technologies, which mainly designs core processor chips, has made similar allusions to plans for dealing with a potential disruption in supply. In a recent open letter, President Teresa He Tingbo wrote, "We actually have foreseen this day for many years, and we do have a backup plan."
Echoing his tougher tone in recent months, Ren said his company will not be dictated to by Washington. "We will not change our management at the request of the U.S. or accept monitoring, as ZTE has done," he said.
The U.S. deployed a similar ban against ZTE last year, pushing the Chinese telecom company to the brink of bankruptcy.
Ren said the impact of the U.S. ban on Huawei's business will be limited, and expressed confidence in its longer-term outlook. "It is expected that Huawei's growth may slow, but only slightly," said Ren, citing the potential of annual revenue growth undershooting 20%.
"Policies that threaten trading partners one after another rob companies of risk-taking attitudes, and the U.S. will lose credibility," said Ren. On the other hand, he sees U.S. President Donald Trump's trade policies providing the impetus for Chinese economic reforms. "I would even suggest that the environment will improve," said Ren.
Huawei's chief shot down the prospect of producing 5G equipment on American soil. "Even if the U.S. asks us to manufacture over there, we will not go," said Ren.
Huawei procures around $67 billion worth of components every year, with roughly $11 billion coming from U.S. suppliers. Huawei depends especially on American parts makers for semiconductors, and it is believed that the company could face problems going forward manufacturing smartphones and telecommunications equipment. - Nikkel Asian Review
Source link
Read more :
US relies on deception and is most afraid of protracted trade war
The economic data of China and the US for the month of April was not good. There are divergent views on the reasons for China's declining retail sales growth rate and especially, its industrial output growth. But amid China's overall expectations that a trade war could have some impact on the economy this year, one month's unsatisfactory data is socially and psychologically affordable.Supply cut-off cannot stifle Huawei
The pain inflicted on China is temporary. But what the US has to face is growing long-term pain. The so-called decoupling with China is very likely the real beginning of US decline.China's strong stand benefits Japan, Europe
While China has a quite different political system and ideology than Europe and Japan, China has given both much more respect than they have received from the US. Multipolarization and multilateralism should be the most important principles of the world. No country's interests are allowed to override those of others, and no nation should determine the future of the globe in a unilateral way. China, Europe, Japan and other countries share the same interests on this issueEurope's scrutiny results prove Huawei "innocent": China FM spokesperson
The results of Europe's scrutiny on products by China's Huawei Technologies Co., Ltd. have proven the company's "innocence," a Chinese Foreign Ministry spokesperson said Monday.Huawei fully prepared, core tech intact: Ren
Huawei founder Ren Zhengfei said a 90-day temporary license the US granted is not that meaningful for the company, as it is well prepared and has kept its core technologies intact.
Huawei Unit Says It Can Help Ensure Chip Supply Without U.S. Tech, Amid Doubts - Caixin Global
Related posts:
Huawei unveils server chipset as China cuts reliance on imports
Dear Encik Maszlee Malik,
ReplyDeleteI was a SPM candidate of year 1994. When the results came out in year 1995, I was grateful that I got 9 As, including Bahasa Melayu, yes, including Bahasa Melayu. Yet, sadly, I was denied by all local universities! At that point, I thought it was the end of the world for me as my parents were already 57 years old and had long retired as a tin mining worker (pekerja bijih timah). However, my dad insisted I must get a degree and he would exhaust all of his savings and EPF, yes, including his EPF for that. So I was "forced" to go to a private college due to rejections of local universities despite flying colors SPM results! At that time, there were no 4+0, 3+1, the best I could do was twining programs.
Yes, I had to go overseas for a degree! Wow.. how exciting right? Well, in order to be admitted to any US universities, I had to prove that I had enough money. And I remember I had to use my uncle's bank account and took an oath in front of a Pesuruhjaya Sumpah !
Our days in US universities were just about studying hard and working hard. Yes, working hard as we needed to work to pay for our tuition fees and living expenses. And I used WE here, because I wasn't alone. There were quite a few of my non-bumi unimates in the same situation like me. In fact, I had a senior, Soon, who even "selling" blood and being a mice for Harris Laboratories to test out the latest medicines to earn his tuition fees. I didn't have guts like him, hence what I did was taking lots of subjects in each semester to shorten my university life. I remember the most that I have taken was 7 subjects in a semester (for most students would be just 3 or 4 subjects in average) and yet I worked for 20 hours per week. I have done dish washing in cafeterias, also have done toilet cleaning ! My hands are allergic to detergents (even now), there were more than once my hands were cracked and bleeding, but yet I had to work.
7 subjects in a semester was no joke. I always stayed up late in the library or computer lab as I couldn't afford to have my own computer. Well, I even picked up my study table in a dumpster thrown by others, so what to expect right? I also remember I used to ride my bicycle in a snowing night after done using the computer in the lab. Snowing night! It's beautiful right?
But I had no mood to enjoy it at all as "hundreds of needles" were poking my face when I cycled in a below 0 degree celsius cold weather!! On top of that, the icy road might cause me falling down any time too! Fun eh?
Encik Maszlee, I am sure my story is just one out of many out there for those "berada" non-bumis whom you labelled and who could afford to go to private college !!! Is this the "ketidakseimbangan" that you talked about?
In "New" Malaysia, I don't expect things will change overnight and understand it will take time.
However, as a minister of education of what you term as "Malaysia Baharu", having that kind of mindset and having such words coming out of your mouth, is disappointing! Worse yet, you said it in front of students of a local university, who supposedly the future leaders of our nation, is heart breaking !!! Even more devastating , they agreed with you and chanted all along.
So. what is so new in this Malaysia Baharu? Where is the harapan?
By Ken Wun