Huawei founder urges Honor to outperform its parent company

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Huawei founder (Ren Jingfei) called on employees of its sub-brand (Honor) Honor to strive to outdo the parent company in a farewell speech, as the Chinese tech giant will sell Honer to keep supply chains tied with sanctions.

Huawei said earlier this month: It will sell Honor to a new entity called Shenzhen Zhixin New Information Technology, which is made up of its agents and dealers, in order to be able to resume the supply of components currently restricted by US sanctions.

The US government says: Huawei is a threat to national security, which the company denies.

“Wave after wave of severe US sanctions against Huawei has led us to finally understand that some American politicians don’t want to evaluate us, but rather kill us,” Raine said, according to a letter published in the Huawei Employees Forum on Thursday.

Raine’s letter also stated that until Huawei overcomes the difficulties, “millions” of employees at Honor dealerships and distributors around the world will lose their jobs as sales channels dry up. He said, “We do not have to drag innocent people with us just because we are suffering.”

Honor-branded smartphones accounted for about 26 percent of the 51.7 million phones shipped by Huawei in the third quarter of 2020, according to research firm Canalys. The company’s products also include laptops, tablets, smart TVs, and electronic accessories.

She said Several industry sources told Reuters recently: Huawei’s competitors are ramping up production demands, and they expect to be able to capture market share while the tech giant is still unable to produce new phones.

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

Rain called on Honer to become the biggest competitor to its parent company after the “divorce”, and said: The ouster of Huawei should “become your slogan for motivation.” He said, “We will be your competitors in the future.”

Source : vistabuzz

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