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The founder of Huawei is committed to creating "first-class" products from "third-class" components.

Founder of Huawei Ren Zhengfei said he is committed to producing "first-class" products from "third-class" components as part of its efforts to strengthen its position despite the difficult situation. he is currently in.

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According to the report SCMP, senior management issued a statement to underscore the company's goal of focusing on brand survival. Ren said the company should try to use "third-class" components to produce "first-class" products during an internal meeting amid struggles caused by US trade restrictions. The founder stated, “We used to have 'spare parts' for high-end products. But now the US has completely blocked Huawei's access [to such components], and even commercial products cannot be supplied to us. "

He also added that the Chinese tech giant must “work hard to sell goods and services that can be sold and [help] maintain its market position in [its] core business” in 2021 “in terms of market strategy ... we must dare ditch some countries, some customers, some products and some scenarios. " This statement is consistent with Ren's previous speech, in which he said the company needs to decentralize its operations, as well as simplify its product line and focus on making profits in order to survive US sanctions.

Zhengfei Ren, Huawei founder and CEO
Zhengfei Ren, Huawei founder and CEO

Notably, Nicole Peng, vice president of mobility at research firm Canalys, said that “Huawei is already struggling to survive, but the burden of developing the Chinese technology supply chain is much more difficult for one company. ... I believe this is an area where Huawei wants to position itself in order to become one of the main pillars of the independence of the Chinese technology supply chain. " Ren also added that “it will be difficult for us to rely on equipment alone to drive the world for a long time. We have to rely on software to fix this. ”


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