Huawei had no choice but to build its own tech, following US ban: Founder

Ren Zhengfei – the Founder of Huawei Technologies recently said that the company had been left with no choice but to develop its tech after the US ban. The executive shared his thoughts on how US sanctions affected the company in the past few years.

Zhengfei attended the ICPC (International Collegiate Programming Content) coding competition for university students yesterday. He talked with students about the company, technology, future goals, and various other relevant topics.

During an interrogation with students, Ren said the U.S. has openness and inclusivity in its tech community that benefits it in every field including the chipmaking sector.

Ren believes that Huawei can learn from the receptive culture of the US as it makes the country advance in science and technology. The founder adds the US ban led Huawei to build its tech as it cannot access advanced tools from foreign markets.

“The US has set an example for all countries and companies worldwide on being open. If a country is closed off, it will fall behind.” – says Ren Zhengfei.

US vs Huawei

US sanctions hit Huawei in 2019 due to security concerns. As of now, the foreign authorities tightened the trade controls to continue blocking Huawei from accessing advanced chipmaking tools or equipment.

However, these restrictions have also shown some positive results. Due to the US ban, Huawei started marching on the self-sufficiency path and making the country self-dependent rather than relying on foreign goods, AI chips, and software.

“American technologies and tools are very good… [but] Huawei cannot use them; we had no choice but to create our tools. Open innovation and utilizing the advanced achievements of others is the true way forward for an enterprise.” – Ren Zhengfei.

The executive also believes that AI is becoming unstoppable. It is creating turning points for many firms. If Huawei uses AI in the best ways, it could achieve more success in the time ahead. However, the company needs to put more effort into being at the top in the AI race.

Huawei had no choice but to build its own tech following the US ban: Founder (Image Credits: Huawei/X)

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