Huawei CEO Ren Zhengfei File Photo:IC

Chinese tech giant Huawei's founder Ren Zhengfei has called on the company staff to "fight" amid the US sanction during an internal meeting recently, asking them to use " hard work and heroic sacrifices" to fight for a peaceful environment for the next 30 years, so that no one dares to bully the firm.

According to a video released on Huawei's online community Xinsheng late Wednesday, the remarks were made during the setup meeting for the company's five new business units - which internally is being referred to as restructure and diversification effort as core smartphone and telecommunications equipment operations around the world struggle under US sanctions.

The video was titled "When There's No Way for Retreat, It's the Road to Victory."

"I believe peace is achieved through fighting - we must use hard work and heroic sacrifices to create a peaceful environment for the next 30 years, so that no one dares to bully us," Ren said during the meeting.

"We are dying for ourselves and our country... History will remember you, wait for the day when we drink celebratory wine together, when what's unspoken speaks volumes," Ren said.

The new units, also called "corps," which covers a coal mine corps, customs and port corps, smart highway corps, data center energy corps and smart photovoltaic corps, are focused on digital transformation products and services for a range of industries using its telecommunications strength.  

The new businesses are also less reliant on the chips, the supply of which has been largely cut-off by the US chip ban.

The meeting gathered more than 300 people from the five new units, which will take on the important task of "charging and breaking through "a new path for the firm during the US containment.

Insiders told the Global Times that through the form of corps, Huawei is aiming to concentrate all its elite staff, breaks boundaries, to make breakthroughs in key industries and create new growth engines for the firm.

The "fight until the end" determination comes as the chip ban has further weighed on company revenue. Huawei reported revenue of 455.8 billion yuan ($71.19 billion) in the first three quarters of 2021 , a "vertiginous drop" as its consumer business suffered severely amid the US chip ban. 

Revenues fell 32 percent, a significant slide from the same period last year, when the firm earned 671.3 billion yuan, up 9.9 percent year-on-year.

Analysts said Huawei's ambition across new sectors such as coal mine is still in the investment phase rather than profit-making, noting that ramping up efforts to boost self-reliance and make breakthroughs in the chip sector could be the only way out for both Huawei and China's tech sector to defeat the US crackdown.

Global Times

Huawei CEO Ren Zhengfei File Photo:IC

Chinese tech giant Huawei's founder Ren Zhengfei has called on the company staff to "fight" amid the US sanction during an internal meeting recently, asking them to use " hard work and heroic sacrifices" to fight for a peaceful environment for the next 30 years, so that no one dares to bully the firm.

According to a video released on Huawei's online community Xinsheng late Wednesday, the remarks were made during the setup meeting for the company's five new business units - which internally is being referred to as restructure and diversification effort as core smartphone and telecommunications equipment operations around the world struggle under US sanctions.

The video was titled "When There's No Way for Retreat, It's the Road to Victory."

"I believe peace is achieved through fighting - we must use hard work and heroic sacrifices to create a peaceful environment for the next 30 years, so that no one dares to bully us," Ren said during the meeting.

"We are dying for ourselves and our country... History will remember you, wait for the day when we drink celebratory wine together, when what's unspoken speaks volumes," Ren said.

The new units, also called "corps," which covers a coal mine corps, customs and port corps, smart highway corps, data center energy corps and smart photovoltaic corps, are focused on digital transformation products and services for a range of industries using its telecommunications strength.  

The new businesses are also less reliant on the chips, the supply of which has been largely cut-off by the US chip ban.

The meeting gathered more than 300 people from the five new units, which will take on the important task of "charging and breaking through "a new path for the firm during the US containment.

Insiders told the Global Times that through the form of corps, Huawei is aiming to concentrate all its elite staff, breaks boundaries, to make breakthroughs in key industries and create new growth engines for the firm.

The "fight until the end" determination comes as the chip ban has further weighed on company revenue. Huawei reported revenue of 455.8 billion yuan ($71.19 billion) in the first three quarters of 2021 , a "vertiginous drop" as its consumer business suffered severely amid the US chip ban. 

Revenues fell 32 percent, a significant slide from the same period last year, when the firm earned 671.3 billion yuan, up 9.9 percent year-on-year.

Analysts said Huawei's ambition across new sectors such as coal mine is still in the investment phase rather than profit-making, noting that ramping up efforts to boost self-reliance and make breakthroughs in the chip sector could be the only way out for both Huawei and China's tech sector to defeat the US crackdown.

Global Times