Huawei founder says company is going into survival mode

Huawei founder Ren Zhengfei published an article in the company’s internal forum, predicting that the global economy will continue to decline in the next ten years, and Huawei should make survival its main program. Shift from the pursuit of scale to the pursuit of profit and cash flow to ensure that the crisis will survive the next three years. Ren Zhengfei said , “Due to the impact of the war and the continued blockade and suppression by the United States, the world’s economy will not be able to improve in the next 3 to 5 years. Coupled with the impact of the epidemic, there should be no region in the world that is a bright spot.”

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