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Huawei's rotating chairman: 2020 is the most difficult year

By Phate Zhang
Mar 31, 2020 at 5:12 PM UTC
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Xu Zhijun, Huawei's rotating chairman, said that 2019 is the most challenging year for Huawei, but there is still a period of rapid growth before May 16, and there is still a lot of reserves to meet customer demand.

He said 2020 is the most difficult year for Huawei as it is under the entity list throughout the year. The industry predicts that Huawei's reserves will soon be used up. 2020 is also a key year to test whether Huawei's supply continuity can be guaranteed.

Huawei's rotating chairman: 2020 is the most difficult year-CnTechPost

Huawei held an online conference today to announce its 2019 annual results.

Xu Zhijun said that the new coronavirus pneumonia epidemic was unexpected by Huawei, and brought about a series of problems such as the global economic recession and slowing demand, which are new challenges not predicted in 2020. The global epidemic is still developing. First of all, to ensure the safety of employees, it is difficult to make a full-year forecast without energy.

"We strive to survive in 2020 and hope to publish an annual report next year." Xu Zhijun said.

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