Lumaktaw sa pangunahing content

Huawei chief bullish about 2021

Huawei Technologies Co. Ltd. sees bright prospects for its business this year after reporting an increase in income last year despite the coronavirus pandemic, which dampened sentiment.

Huawei founder and Chief Executive Officer Ren Zhengfei said recently that the China-based technology company saw its earnings grow in 2020, as well as significant customer confidence levels, without specifying figures.

This, he added, encouraged his firm to produce more products under the Huawei brand and continue to rely on globalization to resolve its current challenges.

“I am even more confident about Huawei’s survival than I was, because we have more ways to overcome those challenges. Our sales revenue and profits in 2020 were higher than last year,” he was quoted as saying through an interpreter in an interview with reporters.

Globally, Ren said Huawei was looking to seize trade opportunities in the United States, especially now that Joe Biden is its president.

During the administration of Biden’s predecessor, Donald Trump, Washington was lukewarm toward Huawei, alleging that its products could be used to spy on Americans — a claim the firm denies.

Ren said he was open to talking with Biden on joint development and shared success.

“The US wants to have economic growth, and China wants to have economic growth, as well,” he added.

“Trade benefits both sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei’s production capacity expands, that would mean US companies could sell more. It’s a win-win situation,” Ren said.

“I believe the new administration will weigh and balance these interests as they consider their policies,” he added.

“We 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.”

Despite this, Huawei was not looking to diversify into other businesses, with Ren saying it would only continue to offer a platform and provide “a soil where all kinds of crops can grow.”

Huawei saw its chip-shipment business decline last year amid the lack of supply of raw materials, but it hopes to recover this year, especially that the US government considered chips an important accessory in the technology industry.


Source: ManilaTimes

Mga Komento

Mga sikat na post sa blog na ito

Leonen is backlog topnotcher

Supreme Court Associate Justice Marvic Mario Victor Leonen has racked up the top spots in his division and the court en banc in terms of pending cases. Marvic Leonen Documents from the court show that aside from 82 unresolved en banc cases, Leonen also has 899 pending cases in the Third Division as of March 31, 2020. The division’s Statistics on Judicial Pending Cases was signed by Division Clerk of Court Misael Domingo Battung erd. Leonen has 199 cases classified as “aging” and 700 “non-aging” cases in the Third Division which he heads. Non-aging cases are cases which are waiting for other pleadings to be submitted. Other members of the Third Division at that time when the statistics were made were Justices Alexander Gesmundo, Rosmari Carandang, Rodil Zalameda and Samuel Gaerlan. Leonen has been with the Supreme Court for eight years, having been appointed by President Benigno Aquino 3rd on Nov. 21, 2012. He turns 58 years old on December 29. He is the division’s m...

NHL exec Colin Campbell explains league’s schedule goals in Canada

NHL senior executive vice president Colin Campbell says the league would like to try to preserve as many full-capacity home games as possible for Canadian fans, but acknowledges other factors are at play in redoing the schedule during the current COVID-19 surge. “You’d like to give the fans the opportunity to go to as many games as they can. They’ve already been shortchanged in the last year and a half … shortchanged completely watching hockey here in Canada,” Campbell said in an interview on the Real Kyper and Bourne show on Sportsnet 590 The Fan on Friday. “It’s a rite of passage to watch the world juniors this time of year for all young kids. I remember growing up watching it. Now, it’s cancelled. We’re trying to save as much as we can and delay it.” The NHL postponed nine more games on Friday because of arena capacity issues in Canada — with teams being allowed anywhere from zero fans (Montreal Canadiens) to 50 per cent capacity (Calgary Flames, Edmonton Oilers, Vancouver Can...

SMC, Animal Kingdom rescue abandoned animals in Taliptip, Bulakan

Domestic animals that were abandoned in Barangay Taliptip in Bukakan, Bulacan were rescued by San Miguel Corporation (SMC) and Animal Kingdom AFTER providing new homes for former residents of Barangay Taliptip in Bulakan, Bulacan — future site of its P740-billion Manila International Airport project — San Miguel Corporation (SMC) is now helping rescue and relocate domestic animals that were abandoned in the area. SMC and animal welfare organization Animal Kingdom Foundation (AKF) have been working together to rescue some 70 abandoned or stray animals, mostly dogs, left at the site. Animal Kingdom is a non-profit, non-government organization dedicated to improving the welfare and living conditions of animals and eliminating the cruel trade of dog meat for human consumption in the country. Some 50 animals, consisting of dogs and cats, have been rescued. At least 20 more are set to be rescued from different sitios in the coming days. The rescued animals are brought to Animal Kingdo...