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Huawei CEO says he’d welcome telephone name from Biden in first remarks on new U.S. president

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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.”

We nonetheless hope that we will purchase in massive quantity American supplies parts in addition to tools in order that we will all profit from China’s development.

‘Overcome the difficulties’

Huawei will ‘by no means’ promote smartphone enterprise

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.