Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST Expands Robot Delivery Service to New City
China Meets 5G Base Station Target 3 Months Early
China Unicom Revenue Growth Accelerates Even as Subscribers Fall
Trending in China: Is Education To Blame For China’s Falling Fertility Rate?
Trending in China: Winning Fewer Games and More Battles? PLA Ends Sporting Tradition
China Calls Time on Chipmakers With No Experience, No Technology and No Talent
Alibaba-Backed Lender in Credit Frenzy for ‘Double Eleven’ Shopping Fest
Intel Plays It Safe in Selling China-Centered Memory Outfit to Non-Chinese Buyer
Chinese Muji Lookalike Opens Its First Store in Paris
VW partner Hino to make electric trucks and buses with China's BYD
Pakistan Lifts TikTok Ban and the Fans Come Running Back
SBCVC-Backed Dingdang Kuaiyao Nets $150m in Series B+ Round
Dao Foods Taps Alternative Protein Space, to Back Up to 30 Chinese Startups in 3 years
Trending in China: China’s Fight Against Child Sex Crimes – Good in Theory But Will It Work in Practice?
‘Honor of Kings’ Reclaims Crown as World’s Highest-Earning Mobile Game, Besting PUBG
Tesla Rival Xpeng Produces 10,000th P7 Electric Car at Wholly-Owned Plant
Top Lawmakers Slam Draft Facial Recognition Laws as Vague and Open to Abuse
Swiss Watch Exports Decline, Leaving Industry More China-Reliant
Alibaba Blends Brick-and-Mortar, Online Grocery Shopping With $3.6 Billion Investment
China’s Mobile Tower Giant Reports Modest Revenue Growth
Huawei CEO Ren Zhengfei Says Firm is Focused on Growing Talent as U.S. Sanctions Bite

By Heather Mowbray / Sep 04, 2020 01:55 PM / Business & Tech

Huawei chief Ren Zhengfei said the challenges facing his company will help forge “heroes,” as he sought to signal the firm is down but not out.

Addressing strategy experts and new recruits at an internal forum Thursday (link in Chinese), the Huawei Technologies Co. Ltd. CEO and founder said that while the firm was operating in unprecedented and troubling times, talented staff were being cultivated across the board.

The company’s R&D system alone comprises 90,000 employees, far more than one would see in a “Western” tech company, he said, which may be able to function at a high level with fewer people and more resources, but without Huawei’s tribulations would raise fewer “heroes”.

Earlier this month, the U.S. Department of Commerce further tightened rules restricting the sale of microchips and other technology to Huawei, which effectively banned any company, anywhere in the world, from supplying it with chips unless approved by the U.S.

Regarding the latest round of U.S. hostility towards the Chinese tech company, which the Trump administration has said is based on unspecified security threats and Huawei’s alleged links with the Chinese military, Ren said, “It takes one U.S. government directive, and we have to change thousands of circuit boards, parts, and algorithms. Once we’ve made the changes, we have to do it all again... We end up making changes to our circuit boards on repeat.”

Contact reporter Heather Mowbray (

Related: In Depth: Huawei Has a Sanction-Proof Pile of Processors, but They Won’t Last Long

Share this article
Open WeChat and scan the QR code