Ren Zhengfei: The chip is anxious to come to the stock market in order to exaggerate too much money

Huawei's Xinsheng Community announced a letter from a president of Huawei earlier, mainly because Ren Zhengfei answered some of Huawei's directors and some of the lectures of the European Institute. The content mainly focused on the Sino-US trade war and how Huawei is in this international context. response.

Ren Zhengfei believes that the Sino-US trade war can't be played, the dependence is great, there will be no strong conflicts, and they should compromise each other.

He further stressed that China's biggest weapon is the consumption of 1.3 billion people. China has opened up finance, opened up manufacturing, reduced the daily necessities related to people, and the tariffs on luxury goods. There are still many areas that will develop road signs and open up a little. The 'water' that accommodates the world flows in. So, I don't think the Sino-US trade war can be beaten, and they should compromise each other.

It is reported that Huawei will purchase Qualcomm's 50 million sets of chips this year and will continue to maintain good cooperative relations with Intel, Broadcom, Apple, Samsung, Microsoft, Google and Qualcomm.

In basic research and development, Huawei will continue to increase investment. For example, Huawei's total R&D expenditure is 15 billion to 20 billion US dollars per year, which can be 20-30% more, so that every year, 3 to 4 billion US dollars is invested as a basic research.

When talking about the gap between China and the United States, Ren Zhengfei said that it is estimated that the next 20-30 years, or even 50-60 years, will not be eliminated. The ability of the United States to lead the world is still very strong. However, Huawei should narrow the gap to 'Huawei must survive.' This was the minimum program before, and now this is Huawei’s highest program.

As for privacy, Ren Zhengfei said frankly that in the past, Huawei had made efforts to include cyber security and privacy protection as priority projects. In the future, Huawei should make cyber security and privacy protection the company's highest goal, and ensure that users' interests are not violated.

The following is the full text of Ren Zhengfei's speech at Fellow and some of the European Institute's symposiums.

Participants: I want to hear your views on the Sino-US trade war.

Ren Zhengfei: China and the United States have great trade dependence and will not be in strong conflict. Before the second meeting between China and the United States, China successfully signed ten agreements with Japan. No one would think that China and Japan would suddenly embrace each other. Who knows China and Germany, France, Britain, Africa, Asia Pacific... Will it embrace? If every country wants to gain its own interests and strengthen trade with China, then do you have more opportunities?

China's biggest weapon is the consumption of 1.3 billion people. China has opened up finance, opened up manufacturing, reduced the daily necessities related to people, and the tariffs on luxury goods. There are still many areas that will develop road signs to open up a little bit to accommodate the world' The water 'flows in. So, I don't think the Sino-US trade war can't be played, and they should compromise each other.

The United States is very powerful in science and technology. It is a society ruled by law. The protection of intellectual property rights is very perfect. The respect for talents makes the innovation power very powerful. CDMA wireless technology began in the 1940s, applied research in the field of communications, the United States in the 1960s. I entered the climax. At that time, I just entered the university. How many years has it been for our company to enter the wireless communication research? It only took more than ten years to start. We just tried to get the products and engineering done.

The 5G standard is the result of the joint efforts of all mankind. It is driven by dozens of companies, tens of thousands of scientists and engineers all over the world, and has been working hard for more than a decade. Huawei is only one of the more hard-working ones. It’s very long, I don’t know if we can keep up, we can’t keep up. We only recognize advanced, know the strength of others, and we know how to respect others’ creation. Even if we are truly ahead, we will be fair, no discrimination, no permission, no use. The advantage is to blackmail the society, and it will not blackmail other countries, other companies.

We will buy Qualcomm's 50 million sets of chips this year. We will never go against each other. We are all creating for humanity. We and Intel, Broadcom, Apple, Samsung, Microsoft, Google, Qualcomm... will always be friends.

I hope that your scientists will lead a larger successor team and strive to charge. Like the United States, there are so many advanced elements and advanced theories that we can make our black land more fertile, and we can make advanced products, serve human society, and survive ourselves. Down.

Participants: Do we have any plans to alleviate concerns about imported parts in the United States?

Ren Zhengfei: First of all, to continue to use a large number of US components, this is to use the results of human civilization, the United States also needs the market to support its industrial development. We are buyers, as long as the suppliers are kind, will become friendly partners.

We also need to strengthen the investment in basic research. We hope that the cost of basic research will be more than one-per-year from the total R&D expenditure of US$15 billion to US$20 billion, for example, 20%-30%, which will cost US$3 billion to US$4 billion annually. Left and right as a basic research input.

Second, we hope to substantially increase the funding of university-related professors and world standards organizations. With hundreds of standard organizations and platform organizations around the world, we can raise some membership fees to better support the world organization.

One of the purposes of Huawei's making of money is to benefit the human society. Supporting standards organizations and platform organizations is also beneficial to human society.

We support university professors to do the exploration and research of the day after tomorrow. More than 10,000 people who do basic research mainly do tomorrow's 'know-how', 'know-how'. This thing requires Fellow to see clearly and understand the thoughts of external scientists. Let the experts, young people come to do research. Research is to turn money into knowledge, development is to turn knowledge into money. You are a thought leader, a theoretical leader, so that you can change the workload and make the company Good progress.

As for the gap between us and the United States, it is estimated that the next 20-30 years, even 50-60 years can not be eliminated, the United States is still very strong in the world. However, we must narrow the gap to 'we want to survive'. In the past, this was the minimum program. Now this is our highest program. At all times, keep your head clear, don’t be a little successful, and be a villain.

In the past, we have made efforts to include cyber security and privacy protection as priority projects. In the future, we should make cyber security and privacy protection the top goals of the company, and ensure that users' interests are not violated. Maybe the product cost will be higher, and things will be better. Can sell more expensive.

Participants: The company's vision is very good, but there are problems with the specific implementation below, and there are walls everywhere?

Ren Zhengfei: We have to change. Before they asked for an external professor, the scientist must provide the delivery piece to be reimbursed. What do scientists know about the delivery? The employees of the 2012 lab have to write a cup of coffee to write down the experience to reimburse the expenses. , based on trust management. Let the scientist's power be used in the charge.

Zhu Guangping: In the past, we had to write a business report for all business trips.

Ren Zhengfei: You must be shelling. If you feel the problems of the company's basic research system and methods, you can make comments. We will sincerely absorb and improve step by step, so as to promote the company's development. Like the "Critical Summary of the General Criticism of the General Staff of the Human Resources 2.0 General Discussion Workshop", I directly bombarded me in the community of the heart, and I took the mistakes to myself. 'I am wrong, I am changing', and there is an excuse for reform. There is no need to appease anyone, and the reform is so great that this is the benefit of shelling yourself.

Participants: Based on the news we have seen, regardless of the Middle East event or the China Manufacturing 2025 program, China should increase its investment in silicon and semiconductors. Now we see more and more start-up small companies in China emerge like mushrooms. Come, but the competitiveness of big companies in the United States actually far exceeds that of small businesses. I want to ask our strategy, what do we want to do to better protect ourselves? Make us more reassuring, or let us not be afraid The competition of start-up companies.

Ren Zhengfei: Huawei still has to continue to learn in a down-to-earth manner. In the past 30 years, we have charged dozens of people from a 'city wall' to hundreds of people, thousands of people, tens of thousands to 180,000 people. They are all aimed at the same 'city wall' charge, and the 'cannonball' that attacked this 'wall wall' has increased to nearly 15 billion to 20 billion dollars per year. Few listed companies around the world dare to be the same one like us. We must invest in the wall of the city wall to believe in our ability to lead the industry. Some of our research institutes have already broken through at a single point and are ahead of the world. We must continue to make breakthroughs in the same direction on the basis of breakthroughs on a single point, and Gradually horizontally pull through, in the next three or five years, we are confident to remain competitive.

Of course, we may also have some difficulties. After some hardships, the value of Huawei's internal stocks may fall. I hope that you will not honor them. As long as we move forward in basic research, we will break through in a narrow direction. There is a possibility of gaming. We have nearly 80,000 patents granted, many are basic patents, core patents, which is a contribution to human beings, and certainly a contribution to the information society of the United States. High-tech is not a basic construction, saving money. It will be successful. It takes a long time to get started from basic education. Our company is also in a hurry.

Compared with small companies, we are not flexible, they are new forces, have strong motivation and desire. We are the leader, the leader's responsibility is to run the fastest, otherwise it will be caught up. Unfortunately, the existing The law, the standards are coming to an end, the development is already in the saturation section of the curve, we are not running fast, and my heart is worried.

The chip is in a hurry, not only the process, equipment, consumables, the stock market in order to make money, exaggerated too much. We still have to be down-to-earth, knowing that we are behind in the cloud, artificial intelligence, we can not bubble In pursuit of these issues, we must have a higher vision of the strategic plan.

Fellow is coming from the combat team. I hope that you can digest the world's more advanced civilization and turn to look at the stars. The world is changing. When we understand it, it is no longer scientific. Only you can understand what the future looks like. We must dare to innovate on the assumptions, innovate in the direction, and innovate in ideas, theories, technologies, and business models. Implement multi-path, multi-step, multi-scene offensive methods. Dare to break through, horizontally pull, gradually platform. We must dare to invest and die after death.

We must stand on the day after tomorrow to see the future, and we must look at the future from today. We must also find the coincidence of tomorrow's technical curve and the peak of the business demand curve, which is our strategic opportunity, as the 'wall wall' of our artillery attack. Of course, This 'city wall' also changes with time and demand. The correction of 'cannon fire' is the responsibility of our strategic planning.

Participants: Tesla now seems to face a contradiction. On the one hand, it is about innovation, subversion, on the other hand, it faces challenges at the commercial level. Are they looking for a vision for the future?

Ren Zhengfei: For those who have real whimsy and may have scientific and reasonable components on the main channel, let these new seedlings continue to grow. Our exploration of the future should be tolerant. We still have to be tolerant of innovation and tolerance failure. However, Huawei The direction of the request should be roughly aligned with the main channel. Scientific research, no waste can be successful. Huawei has come to this day, our success rate in product research should not exceed 50%, which is equivalent to billions of dollars each year. Wasted, but cultivated a large number of senior generals to grow up.

The battle surface of Musk may be too wide and should focus on a narrow battle surface.

We must be tolerant to failure, and then we will have innovation. Double tolerance: First, scientists must have some correct attitudes toward evaluation. Sometimes scientists will suffer a little wrong, but please be more tolerant of the organization, as long as life is decent. Secondly, our evaluation of scientists should be relatively reasonable. Don't be too emotional. For temporary unsuccessful, we must also reasonably encourage you to accept. We must affirm your contribution, you must also tolerate the company. No special evaluation was made in one stage.

We must continue to be tolerant. If the United States does not give us elements, we need to create the elements ourselves. The synonym created is failure, and the failure may be more.

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