Ren Zhengfei, president of China Telecom and mobile phone maker Huawei Technologies Co., Ltd., said that he believes that China and the United States will not fight a trade war and should compromise with each other. Huawei will also buy 50 million chips from Qualcomm this year.He also pointed out that there is at least 20 to 30 years of power gap between China and the United States.
Sing Tao Daily today (5th) quoted Beijing Sina Weibo to release the above news.According to reports, the trade conflict escalated, and Ren Zhengfei's internal company speech was exposed in May and June this year.
Ren Zhengfei said that China and the United States are highly dependent on trade and will not have strong conflicts.Recently, China and Japan successfully signed 10 agreements. No one would have thought that China and Japan would suddenly embrace each other.He said that China's biggest weapon is the consumption of its 1.3 billion people.If there is no trade war, there should be mutual compromises.
Responding to outsiders’ views that Huawei should reduce imports of related parts from the United States, Ren Zhengfei responded that, first of all, we must continue to use a large number of American parts. This is to use the achievements of human civilization, and the United States also needs the market to support its industrial development.
He said that Huawei will also buy 50 million chips from Qualcomm this year.Huawei will also increase its investment in basic research, hoping to increase it to around US$3 billion to US$4 billion (S$5.464 billion) per year.
Ren Zhengfei also pointed out that there is still a big gap between China and the United States.
He said: It is estimated that the gap between us and the United States will not be eliminated in the next 20 to 30 years, or even 50 to 60 years, but we must narrow the gap to "we must be able to survive".Previously this was the minimum program, now this is our maximum program.
