Huawei CEO’s first remarks on Biden: urges “mutual success”


Ren Zhengfei, Huawei CEO, speaks with CNBC at Huawei headquarters in Shenzhen, China.

Justin Solomon | CNBC

TAIYUAN, China – Ren Zhengfei, Huawei CEO, said he would welcome a call from US President Joe Biden in his first public remarks since the change of government in Washington.

Ren is hoping for a softer stance on the Chinese telecommunications giant, which he founded after around two years of pressure from Washington. Huawei has been classified as a national security threat by the Trump administration, which has taken measures to prevent the company’s access to critical software and components.

Washington claimed Huawei’s network devices could be used to spy on Americans. Huawei has repeatedly denied these claims.

“I would appreciate phone calls like this, and the message is about common development and mutual success,” Ren said in Chinese comments translated by an official interpreter during a briefing with reporters. “The US wants economic growth and China also wants economic growth.”

We continue to hope that we can purchase both high volume American material components and equipment so that we can all benefit from China’s growth.

“Overcome the Difficulties”

Ren was optimistic, saying that his confidence in “Huawei’s survivability” had “increased” over the past year.

It did so despite the difficulties in their smartphone business, as well as in some countries in the past 12 months, such as the UK, which kept Huawei from the 5G market.

“We have more resources to overcome difficulties,” said Ren.

Huawei also posted positive sales and net profit growth for 2020, the CEO said without disclosing any specific numbers.

Revenue for 2020 was 858.8 billion yuan ($ 122.97 billion) while net income was 62.7 billion yuan.

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