(Beijing Comprehensive News) Huawei's founder Ren Zhengfei predicts that the global economy will face the decline in decline and consumption power, and believes that Huawei should shift from the pursuit of scale to pursuing profits and cash flow, survive as the main program, and the marginal business is entirely online.Contract and close.
China First Financial Tuesday (August 23) quoted sources reported that Huawei Internal Forum launched Ren Zhengfei's article on Monday (22nd).
Ren Zhengfei said that Huawei's expected emotions that Huawei will be too optimistic in the future will fall. In 2023 or even 2025, "must survive as the main program.", First find a way to survive the crisis in the next three years,The base point of survival should be adjusted to centered on cash flow and real profits, and we can no longer only be aimed at sales revenue.
He said that during the crisis period, he was mainly to make hematopoietic, "Keep operational cash and support himself."
Ren Zhengfei: Reduce closure within a few years cannot generate value and profit business
Ren Zhengfei wrote: "Our life breathing period is 2023 and 2024. Whether we can break through in the past two years, we are still not sure, so don't tell stories again.When conducting business prediction, don't hold fantasy anymore, tell stories to deceive the company, and lose the loss from your grain pack. "
Ren Zhengfei also said that Huawei wants to reduce the front, concentrate its forces to fight annihilation, and increase profitability. The business that cannot generate value and profits in the next few years should reduce or close.
He mentioned that Huawei Cloud Computing should mainly support the development of Huawei business. Digital energy has increased investment in strategic opportunities. Smart car solutions should focus on several key components to make competitiveness.
Huawei's sales revenue in the first half of this year was about 61.5 billion yuan
Huawei official website shows that in the first half of 2022, Huawei achieved sales revenue of RMB 301.6 billion (about S $ 61.5 billion), a year -on -year decrease of 5.87%, and a net profit margin of 5%.
In this regard, according to the surging news report, Huo Kun, the chairman of Huawei's rotating chairman, said on August 12: "Although the terminal business has been greatly affected, the ICT (information and communication technology) infrastructure business has maintained a steady growth."
Ren Zhengfei said that although the external environment has been changing over the past two years, Huawei must know that "creating ICT infrastructure is the historical mission of Huawei.