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Huawei expects revenue to drop by $ 30 billion in the face of US pressure (by 2020 to be 100 billion)

Under American pressure, Huawei's CEO Ren Zhangfei (Ren Chengfei) expects its revenue to fall by about $ 30 billion compared to the initial estimate with 2019 and 2020 revenues of about $ 100 billion. He also said Huawei will return to growth after 2020.

Huawei is currently on the blacklist of the US government with concerns about national security, which makes technology companies simultaneously but cooperate with them. 2018 is the first time Huawei has announced sales of up to $ 100 billion, 19.5% higher than 2017. Unjustly embargoed by the US, CEO Ren Zhangfei believes that Huawei's revenue will remain the same. this level in 2019 and 2020.

Huawei founder and CEO Ren Zhangfei

CEO Ren Zhangfei also said that within the next two years the company will have a lot of conversions of other versions of the product, and for everything to work, it takes time to experiment and choose possible solutions. exam. After this process, Huawei will return stronger. It is unclear, however, whether Huawei has sought partners to provide replacement parts for the companies they have just stopped cooperating with.

Essentially, Huawei is preparing for life without American technology firms. Typically, they are developing their own operating system for smartphones and PCs to replace Android (Google) and Windows (Microsoft) that are expected to be available by the end of the year. CEO Ren still opens up the possibility of cooperating with US companies when conditions permit. He shared that in the past when Huawei was not strong, they decided to cooperate with US companies, and in the future, they still want to continue to cooperate with US companies. Huawei is only concerned about the use of US components, but they are not afraid to use elements from the United States.

Ren Zhengfei insists that Huawei is strong and cannot be defeated.


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