My autobiography is definitely not a tragedy!-Chapter 760 - 461 Reflection_3

"It sounds a bit incredible, but unfortunately, it’s true. Technological hegemony is just that domineering!" he said, spreading his hands.

"If you don’t understand, just ask, how big of an impact does this have on Huawei?"

"Let me put it this way, Huawei’s high-end phones need high-end process chips, and once any domestic company meets high-end processes... they all have to kneel! There’s no way around it..."

"Alas! Country Hua companies are big but not strong. In most cases, this evaluation is fair.

Domestic companies can grow big, often due to the broad geographical advantage of the local market, while high-value-added tech elements are mostly in the hands of Western companies, with chips being a typical example...

The problem is that technology is still strictly blocked by foreign countries..."

"Yes, Jinghua’s fate is clear to see!"

"Can Wang Semiconductor Manufacturing Company and Sanxin afford to turn down huge orders and submit to the tyranny?"

"Haha! You probably don’t know that both Wang Semiconductor Manufacturing Company and Sanxin are backed by British capital..."

"Don’t be naïve, arresting people first, then imposing controls, isn’t it obvious that they’re trying to crush Huawei!"

"Didn’t I say so before? Just after Xingzhong was hit hard, it’s definitely Huawei’s turn next."

"Haha! When Xingzhong had its troubles, didn’t they say Huawei would manage such-and-such and be technologically independent? Now look, they’re totally confused, aren’t they?"

"Hey! Whose side are you on? Even if you’re independent, can you isolate yourself from the world and do everything in the entire supply chain?"

"If you’re talking about Xingzhong, then I must say something!

In fact, not only are Xingzhong’s financial data terrible, but its business has long been far behind Huawei by several tiers.

There are rumors in the industry that it was because Xingzhong allowed enemy spies into the company who easily obtained confidential data, which inadvertently exposed Huawei, and successfully dragged its ally into the water..."

"Really? I’m all ears!"

"Alas! First it was trade, now it’s technology, they want to wage a full-scale war against us! Isn’t peace better?" freёwebnoѵel.com

"I guess my great A stock is going to turn green again..."

"Those who said technology knows no borders a while ago, please come out for a walk!"

"Those who talk about technology without borders probably don’t dare to come out, but based on my experience, those who reflect on mistakes are about to make their rounds..."

"Ahem! That... shouldn’t we reflect on why they are targeting us instead of BAT, or Rice smartphones, and not going after their oil and petrochemicals industry?"

"Um..."

"I think the person above is right to reflect. You say you just sell phones and that’s it, but you insist on developing your own operating system, working on 5G, baseband, WiFi, ISP...

And that Artificial Intelligence processor ’Ascend’, the server CPU ’Kunpeng’...

The smartphone CPU ’Qilin’ has beaten Gao Tong to the point where it’s down on its knees looking for teeth...

As a mere phone seller, with such huge ambitions, your path is only widening, who else should they target if not you?"

"Exactly, it should have reflected on itself long ago, how could it possibly be number one among Country Hua’s top 500 privately-owned companies?

Apple has a revenue of 265.6 billion US dollars, a profit of 59.5 billion US dollars, Sanxin has a revenue of 219.7 billion US dollars, a profit of 34 billion US dollars, and Huawei?

It has a revenue of 107 billion US dollars, but a profit of only a mere 8.7 billion US dollars.

There’s quite a gap in revenue and profit, but your revenue growth is a bit fast, even reaching an astonishing rate of 19.5% this year!

You’re not only higher than Apple’s 16% but also took away some of Sanxin’s market, causing their growth rate to be just 1.7%...

Creating a situation where you flourish at the expense of your neighbor, forcibly taking their cake and leaving them no path to follow.

Don’t you think this approach needs reflection?"

"The person above is right, I heard Huawei’s mobile business had a terrifying growth rate of 45.1% in the first half of this year, and it’s still hard to predict where the ceiling is.

Within a year or two, the phone sales are expected to officially surpass Apple, becoming the world’s number one!

Spare others when you can, friendship first, competition second... isn’t that a lesson we should teach?"

"If you don’t reflect, who will!"

"Absolutely right, I also heard Huawei’s R&D expenses last year were unbelievably high at 89.7 billion yuan, ranking first in the top 10 domestic R&D spenders!

It’s three times the total of the three BAT companies, even more than the next nine combined!

Your market size has grown, and yet you still want to excel?

Who else should they target but you?"

"Exactly, you’re just a mainland capital enterprise, yet your scale equals the combined might of the giant joint ventures BAT, doesn’t this need some reflection?

Regarding taxes, Ali paid 10.9 billion, Baidu 2.2 billion, Tencent 7.0 billion, for a total of 20 billion, while you quietly paid nearly 30 billion on your own!

About employee numbers, Ali has about 30,000+ Baidu 50,000+ Tencent 30,000 = 110,000.

Your global workforce is 170,000, of which nearly 100,000 are in R&D, including 10,000 PhDs, truly an unforgiving occupier of high-end talent spots, doesn’t this worsen our labor shortage?"

"You couldn’t be more right! Regarding profits, Ali 23.4 billion, Baidu 10.5 billion, Tencent 24.2 billion, with a total profit of 58 billion, of which 70% is still taken away by foreign capital.

And your profit is only 27.9 billion, with more than 70% of your revenue coming from overseas, and you still generously issue dividends!

I heard Huawei’s employee compensation and dividends this year exceeded 100 billion, with an average income of 780,000!

Even I am jealous as a tobacco industry insider!

Don’t you think you should reflect on how you’ve increased the number of high-income families by 170,000, possibly driving up the property prices in Yangcheng?"

"Pfft! Now I understand, if Country Hua didn’t have BAT, there would be ABC, ready to take their place in a minute.

This content is taken from (f)reewe(b)novel.𝗰𝗼𝐦