Our Correspondent
\nKarachi
\nHuawei founder and CEO Ren Zhengfeihas spoken out about the benefits to be gained by deeper cooperation between US and Chinese companies in the technology field. Talkingwith 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.
\n\u201cTrade benefits all sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei\u2019s production capacity is expanded, that would also mean US companies could sell more to Huawei. It\u2019s 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
\nIn recent years, the US has adopted stricter trade policies with China, particularly in the technology domain. 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 Huaweiis open to working with US companies to transfer knowledge around 5Gand collaborate on technology licensing. \u201cAs long as the US asks for it, we would transfer everything from the [5G] source programs and source code to hardware design.
\nI meant what I said, but no US company has come forward. If they want to talk, we\u2019d be happy to talk,\u201d said Zhengfei.
\nThe executive added that Huawei doesn\u2019t have the energy to get involved in a \u201cpolitical whirlpool\u201d and prefers to focus on technology innovation.
\nThe executive elaborated on how there are many industries that Huawei is not directly familiar with, such as airports, ports, coal mining, iron and steel production, and automotiveand aircraft manufacturing.
\nThat is why Huawei has built joint labs to learn more about the needs of these industries. Huawei now hasmore than 100 research centers and joint labs around the world, most of which specialize 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.
\n\u201cWe are still winning trust from a large number of customers,\u201d Zhengfei commented. 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.
\n\u201cWe\u2019ll 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\u2019t sway because of political pressure,\u201d noted Zhengfei.<\/p>\n","protected":false},"excerpt":{"rendered":"
Our Correspondent Karachi Huawei founder and CEO Ren Zhengfeihas spoken out about the benefits to be gained by deeper cooperation between US and Chinese companies in the technology field. Talkingwith 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 […]<\/p>\n","protected":false},"author":2,"featured_media":151889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-173806","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology"],"yoast_head":"\n