Huawei Applied sciences stated earlier this month it might promote Honor to a brand new entity known as Shenzhen Zhixin New Info Know-how, shaped of its brokers and sellers, so it may resume sourcing elements presently restricted by U.S. sanctions.
The U.S. authorities says Huawei is a nationwide safety risk, a declare the corporate denies.
“Wave after wave of extreme U.S. sanctions towards Huawei has led us to lastly perceive, sure American politicians wish to kill us, not simply appropriate us,” Ren stated, in response to a speech posted on a Huawei worker discussion board on Thursday.
Whereas Huawei may overcome the difficulties, “hundreds of thousands” of staff at Honor’s brokers and distributors world wide would lose their jobs as gross sales channels dried up, Ren’s speech stated.
“We do not have to pull harmless individuals into the water simply because we undergo,” he stated.
Honor-brand smartphones made up 26% of the 51.7 million handsets Huawei shipped in July-September, in response to consultancy Canalys. The corporate’s merchandise additionally embody laptops, pill computer systems, sensible TVs and digital equipment.
Huawei’s rivals have been ramping up manufacturing orders, anticipating they will gobble up market share whereas the enormous is unable to supply new handsets, a number of business sources lately advised Reuters.
If Honor may resume manufacturing, it may retain market share, stated Flora Tang, an business analyst with Counterpoint Research.
Ren known as on Honor to turn out to be Huawei’s greatest competitor after the “divorce,” and stated toppling Huawei ought to “turn out to be your slogan for motivation”.
“We’re your rivals sooner or later,” he stated.