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Huawei VP talks about HiSilicon, R&D and supply chain challenges after US ban
The senior vice president (VP) of Huawei has explained the situation ranging from HiSilicon, R&D investment, and supply chain and the changes made after the US restrictions to survive in a difficult situation.
The latest comments of Huawei VP coming from China’s 2023 Internet Yuelu Summit held in Changsha. Where he talked about some major issues of Huawei and how the tech maker overcome them.
HiSilicon:
He said Huawei had the assumption of such an occurrence a long time ago. For example, one day all chips and technologies will become inaccessible from the outside world.
“So the question arises, how will we serve our customers?” he made this point.
The top VP of Huawei answered that Huawei established HiSilicon, which is the chip designing arm of the company. It is also to avoid the situation of complete abundance. over the past years, Huawei kept on researching new products and developments. That’s how HiSilicon played a critical role in Huawei’s strategic security.
R&D Investment:
The Huawei VP also talked about the increased investment in research and development. He said it’s important to increase R&D investment. Huawei’s R&D investment in ten years has exceeded 970 billion yuan. In 2022, Huawei is actually very difficult. Under such circumstances, last year’s revenue growth was only a few tenths of a percent, but R&D expenses accounted for as much as 25%.
Investing in research and development will be able to meet the needs of customers. The future development of technology requires continuous innovation to meet customer needs and enable enterprises to overcome difficulties.
Supply Chain:
The supply chain, suppliers, and ecosystem partners must work together to resolve issues because Huawei has a large list of suppliers and ecosystem partners.
He urged Huawei and all partners need to manage the sustainable development of ecological partners and suppliers. This also includes capacity building, so that no matter what difficulties you face, you can go hand in hand instead of fighting alone. In the whole value point, form a very good competitiveness to support the development of customers.
To conclude his speech, he emphasized that Huawei has the vision, determination, and perseverance and it’s not afraid of difficulties.
(via)