Home » Technology » Make Us Competitors in the Future By Online Economic News

Make Us Competitors in the Future By Online Economic News

© Economic News. Weighing Its Brand, Huawei Boss Still Wants Honor To Fly: Make Us Competitors In The Future


Warta Ekonomi.co.id, Jakarta

Founding father Huawei Ren Zhengfei asked employees from the Honor sub-unit to keep its struggling supply chain alive. As is well known, Honor will be sold to a new entity called Zhixin New Information Technology in order to continue sourcing components currently restricted by US sanctions.

Reporting from Reuters in Jakarta, Friday (27/11/2020) as is known, the US government said Huawei was a threat to national security. However, the company denied that claim.

Also Read: Huawei Wants to Sell Honor Business Unit, to Whom?

“Wave after wave of severe US sanctions against Huawei has made us finally understand, certain American politicians want to kill us, not just correct us,” Ren said.

Ren Zhengfei further revealed that even though Huawei can overcome these difficulties, millions of employees at Honor agents and distributors around the world will lose their jobs when the sales channel dries up.

“We don’t have to drag innocent people into the water just because we suffer,” he said.

Honor-brand smartphones made up 26% of the 51.7 million handsets Huawei shipped in July-September, according to consultant Canalys. Huawei products also include laptops, tablet computers, smart TVs and electronic accessories.

Huawei’s rivals have increased production orders, they anticipate being able to devour the giant’s temporary market share if Huawei is unable to produce new handsets. However, if Honor can continue production, it can maintain market share.

Ren asked Honor to become Huawei’s biggest competitor after this split. He also said that overthrowing Huawei should be their motivational slogan.

“We are your future competitors,” he said. Author / Editor: Fajria Anindya Utami
Photo: REUTERS / Denis Balibouse

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.