Ren Zhengfei, CEO of Huawei talking with CNBC at Huawei headquaters in Shenzhen, China.
Justin Solomon | CNBC
TAIYUAN, China — Huawei CEO Ren Zhengfei mentioned he’d welcome a telephone name from U.S. President Joe Biden, in his first public remarks because the change of administration in Washington.
Ren is hoping for a softer method towards the Chinese language telecommunication big he based after round two years of strain from Washington. Huawei was labeled a nationwide safety menace underneath the Trump administration, which took actions to hamper the corporate’s entry to key software program and parts.
Washington alleged Huawei’s networking tools could possibly be used to spy on Individuals. Huawei has repeatedly denied these claims.
“I might welcome such telephone calls and the message is round joint growth and shared success,” Ren mentioned in Chinese language feedback translated by an official interpreter throughout a briefing with reporters. “The U.S. desires to have financial development and China desires to have financial development as nicely.”
Ren struck an optimistic tone saying that his confidence “rose” within the final yr round “Huawei’s capacity to outlive.”
That got here regardless of the difficulties of their smartphone enterprise in addition to some nations during the last 12 month, such because the U.Ok., blocking Huawei from its 5G market.
“We’ve extra means to beat the difficulties,” Ren mentioned.
Huawei additionally achieved constructive income and internet revenue development for 2020, the CEO mentioned, with out giving particular numbers.
Revenue for 2019 totaled 858.8 billion yuan ($122.97 billon) whereas internet revenue got here in at 62.7 billion yuan.
Questions on the way forward for Huawei’s smartphone enterprise have been swirling, given the corporate has not been capable of entry chips that had been manufactured by TSMC. These innovative chips had been a part of the rationale Huawei was capable of rise to one of many largest smartphone gamers on the earth.
In response, Huawei sold off its budget Honor smartphone brand in November, a transfer that might enable that exact unit to outlive and regain entry to parts. Reuters reported in January that Huawei can be in talks to promote its premium Mate and P manufacturers of smartphones.
However Ren mentioned Huawei would “by no means” promote its smartphone enterprise. He additionally mentioned that Huawei wouldn’t be investing in chip expertise.
— Correction: This text has been up to date to precisely replicate that Huawei’s income for 2019 totaled $122.97 billon. A earlier model of this story said the fallacious yr.