Amid intense international media coverage and reports of challenges in a number of markets, Rotating Chairman Ken Hu held a press conference with leading global media at the new campus in Dongguan on Tuesday, December 18. R&D labs showcasing materials developed for 5G and an independent cybersecurity lab were opened for the first time to media, signaling greater openness. Attending were 22 newspapers, broadcasters and trade publications from US, Europe and Asia. They included the Financial Times, CNN, CNBC, Reuters, Fortune and Nikkei.
Mr Hu delivered strong messages of confidence in Huawei’s business growth and prospects, citing the trust of hundreds of network operators, nearly half of the Fortune 500 companies and hundreds of millions of consumers. Revenue was expected to exceed US$100 billion in 2018. He addressed directly allegations against Huawei, stating that it is best to let facts speak for themselves while emphasizing repeatedly the company’s security record was clean. There had been no serious cybersecurity incident in 30 years.
Here are some highlights from the press conference (full transcript attached):
Mr Hu described the company’s recent achievements as exciting, and recalled his almost 30-year history with Huawei during which its people, culture and management had grown. “This is journey of transformation that has helped us grow up from an unknown vendor to the 5G leader.”
He also recognized there are challenges, thanking the media for interest in dialogue and appealing to employees, customers and stakeholders. “I’d like to share a saying from Romain Rolland (French writer awarded the Nobel Prize for Literature in 1915). ‘There is only one heroism in the world: to see the world as it is, and to love it.’ At Huawei, we see what we have encountered and we still love the work we are doing. Similarly, in Chinese, we have a saying. “道阻且长，行且将至.” It means that the road ahead is long and hard, but we will keep moving and reach the destination, because we have already embarked on this journey”.