In a lengthy interview, Huawei's founder explained his idea to sell the company's 5G technology to a Western buyer
Mr Ren, before we ask you questions about Huawei, we would like to ask you a question about globalisation and about how technology is challenging globalisation, because you’re also a very important global business leader, and you now have big companies that are selling products and services that can only make sense in a world of a great degree of trust. You know, it’s not selling tennis shoes or tennis rackets. It’s selling an autonomous car or a medical device.
Let’s look at another example. China will reduce automobile tariffs to a very low level over the next five years. The UK and Europe produce the world’s highest quality automobiles, while Japan produces the most cost-effective quality automobiles. Today, we need to address the problems arising from globalisation one at a time, through consultation. It’s not that globalisation is at fault.
However, the US has destroyed this mechanism itself. Everyone no longer believes that the US is looking to maintain order in the world, or that USD is the most reliable reserve currency. When the world’s confidence in the US and the US dollar starts to wane, it causes great turbulence within the US.During 2019, US diplomats have made a big effort to persuade its allies not to use Huawei.
5G is an excellent product that delivers high speeds, high bandwidth, and low latency. 5G represents speed in this information society. Whoever gains speed will be able to move forward rapidly. On the contrary, countries that give up on speed and selection of fine products may see economic slowdown. We have pretty much patched our holes from 5G to core networks. On September 18th, we will announce an AI cluster that connects 1,024 Ascend chips. This will be the fastest AI computing cluster in the world.
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