Author Topic: Huawei’s Founder Wants an ‘Invincible Iron Army’ to Fight U.S.  (Read 419 times)

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Offline Sanguine

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Bloomberg News
August 12, 2019, 12:20 AM CDT

    Chinese tech giant needs 3-5 years to reorganize, Ren writes
    Consumer business has sustained deep damage difficult to fix

Huawei Technologies Co.’s billionaire founder intends to kick off a three- to five-year overhaul of the networking giant, creating an “iron army” that can help it survive an American onslaught while protecting its lead in next-generation wireless.

Major structural shifts are around the corner as U.S. sanctions threaten the survival of its cash-cow smartphone business, Ren Zhengfei warned in an internal memo seen by Bloomberg News and verified by a Huawei spokeswoman. The consumer business faces a “painful long march,” Ren wrote, a possible reference to the Communist Party’s historic cross-country trek.

China’s biggest technology company is grappling with an existential threat after Washington blocked Huawei from buying American technology, cutting off vital components from Qualcomm Inc. chipsets to Google’s Android operating software. Ren, 74, said an internal revamp was now needed to meet war-time needs, meaning organizations deemed unnecessary or redundant will be removed. He didn’t provide details about how such a restructuring might unfold....

https://www.bloomberg.com/news/articles/2019-08-12/huawei-s-founder-wants-an-invincible-iron-army-to-fight-u-s?cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_content=business&utm_source=twitter

Yeah, no need to worry about China. 

Offline skeeter

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Khrushchev was half right - we would sell the rope that would be used to hang us, we just wouldn't sell it to the Russians.

Offline truth_seeker

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Ted Cruz and Peter Theil are warning about Goodle, for national security reasons.

The firms capabilities with "AI" algorithms, are useful for commrcial, and military purposes.

I believe that several reasons exist now to break up Google.

"God must love the common man, he made so many of them.�  Abe Lincoln