Huawei founder seeks to outdo the parent company
Huawei founder seeks to outdo the parent company

In his farewell speech, Huawei founder Ren Jingfei urged employees of its sub-brand (Honor) to strive to outdo the parent company, as the Chinese tech giant Honor prepares to sell Honor to link the supply chain with sanctions.

Huawei announced earlier this month that it will sell this honor to a new company, Shenzhen Zhixin Information Technology Co., Ltd. , Composed of agents and distributors, to resume supplying parts currently prohibited. Through US sanctions.

US government says: Huawei denies it is a threat to national security.

In a message posted on Thursday at the Huawei Employees Forum, Raine said: “After waves of harsh US sanctions against Huawei, we finally understand that some American politicians don't want to rate us, but they want to kill us.

Ren also said in the letter that if Huawei fails to overcome the difficulties of drying up sales channels, millions of employees in reputable global distributors and dealers will lose their jobs. He said, "We don't have to attract innocents just because we are suffering."

According to research firm Canalys, Honor-branded smartphones accounted for around 26% of the 51.7 million phones Huawei sold in the third quarter of 2020. The company's products also include laptops, tablets, smart TVs, and electronic accessories.

Several industry sources told Reuters recently: Huawei's rivals are increasing demand for production and hoping they can gain market share as the tech giant is still unable to make new phones.

Flora Tang, an industry analyst at Counterpoint Research, said that if Honer can resume production, they can retain market share.

In urging Honer to become Honor's main competitor after the divorce, Ryan said, "The people who have been kicked out by Huawei should be your motivational slogan." He said, "In the future we will be your competitors."

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