Huawei will never sell its terminal business and not increase business areas

Huawei founder CEO Ren Zhengfei said in an interview with reporters on February 9 that don’t understand that terminals are mobile phones, as long as people and things are connected to terminals. For example, lidar used for driverless cars, gas meters, water meters, and televisions used in homes are all terminals, and mobile phones are only one part of the terminal.

Therefore, Huawei will never sell its terminal business. They can transfer 5G technology, but they will never sell a terminal mobile phone business.

Huawei founder attended the inauguration ceremony of the ‘Smart Mine Innovation Laboratory’ in Taiyuan, Shanxi. Ren Zhengfei announced that Huawei will not increase its business areas, but mainly expand the use of electronic systems and software computing systems in different industries.

Huawei can help the coal industry achieve ‘fewer people, no one, safety, and efficiency.’ Ren Zhengfei stated that in 2020, Huawei’s sales revenue and profits have achieved positive growth. ‘My confidence is greater, not smaller. They have more means to overcome difficulties.’

Regarding chips, they still have to rely on globalization to solve the problem. No matter what, they will never give up the idea of globalization. No matter how sanctions and blockades are, they insist on globalization. When the global chip surplus, some people will come to us to buy chips, I think there will be this era.

(Via)