Huawei CEO Welcomes Meeting with New President Biden | GLM

Huawei CEO Welcomes Meeting with New President Biden | GLM

At a journalist rally in China, Ren Zhengfei made a public statement for the first time since Joe Biden became the 46th President of the United States. .. In comments reported by CNBC and others, Huawei’s CEO told the people at the table in a hopeful tone.

“I welcome such telephone talks and have a message for the success of co-development and sharing,” said Mr. Ren, saying he was ready for dialogue with the new administration. “The United States wants economic growth, and China wants economic growth as well.”

Huawei’s future in the United States is a big question mark for the new administration. Under the Trump administration, a number of well-known Chinese companies have been added to the so-called “entity list” of the US Department of Commerce, with various effects. Huawei has been hit hardest by this move.

Not only is Huawei blocking sales in the world’s third-largest smartphone market, but it hasn’t been able to work with major US companies, including Google. As a result, Huawei was in turmoil as it blocked access to key technologies, including the Android ecosystem. Consumer support for the company is growing in China, but the move has hit Huawei’s bottom line.

The next administration of Biden is almost silent on the matter. However, U.S. Secretary of Commerce candidate Gina Raimondo said, “The reason we think that companies on these lists shouldn’t exist is because of growing criticism from Republicans. Not at this time. If approved, we look forward to briefing with these companies and other companies of concern. ”

There haven’t been many good signs for Huawei so far, but the company’s CEO will, of course, want to get along with the new administration.

“If we can expand Huawei’s production capacity, we will have more supply opportunities for US companies,” he said in a translated comment. “I believe it is beneficial to each other. I believe that these business benefits will be in mind as the new administration seeks to make new policy decisions.”

Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.