Huawei urges the United States to abandon the "loser's attitude" as telecom incomes decline



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The Chinese company Huawei Technologies has called on Washington to abandon the "loser's attitude" and has once again denied US allegations that its equipment could be used by Beijing for espionage, while its network activity was weakening to growing global surveillance.

"The US government is a loser. He wants to denigrate Huawei because he can not compete with Huawei, "said Friday Guo Ping, incumbent president of the world's leading producer of telecommunications equipment and smart phone maker No. 3.

"I hope the United States will be able to adjust its attitude," Guo said at a press conference attended by over 100 journalists from around the world.

The US Embbady in China declined to comment.

Huawei announced a slowdown in earnings growth in 2018, as its network business experienced its first decline in revenue in two years, overshadowing the sharp 45 percent rise in its smartphone unit.

Huawei's prospects have been clouded over the past year, with the United States worried that their equipment could not be used for espionage. Washington has also urged its allies to ban Huawei from building new generation 5G mobile networks.

The latest blow to the company came on Thursday when Britain rebuked him for failing to repair persistent security flaws in his mobile network equipment and revealed new "significant technical problems".

For 2018, the Shenzen-based company announced a net profit of 59.3 billion yuan ($ 9 billion), up 25% from a year ago, compared with a rise of 28% in 2017. The turnover of its carrier business fell 1.3% to 294 billion yuan. he attributed to investment cycles in the telecommunications industry.

However, the surge in retail sales with a record 348.9 billion yuan, driven by demand for its premium smartphone models such as the P and Mate series, has enabled its global sales of to exceed $ 100 billion for the first time.

Its total revenue grew nearly 20 percent to about 721 billion yuan, marking the fastest pace of growth in two years.

The performance of mainstream companies is consistent with what Huawei announced in January, when it also announced that it could become the world's largest smartphone vendor this year.

Guo said he expects the three groups – consumers, the carrier and the company – to record double-digit growth this year, although he did not provide a specific figure.

The company had previously indicated that it was aiming for a total business turnover of $ 125 billion this year, a record.

"In the future, we will do everything in our power to get rid of external distractions, improve management and move towards our strategic goals," said Guo.

Huawei has "prepared inventories to remove uncertainties," which has reduced its net cash position, added Guo, without giving more details.

SPYING WOULD BE "SUICIDE"

To fight global business concerns, Huawei launched an unprecedented media blitz campaign by opening its campus to reporters and parading its very unobtrusive founder, Ren Zhengfei, in front of its media.

He stepped up his campaign in recent months after Meng Wanzhou, Huawei's chief financial officer and Ren's daughter, was arrested in Canada in December at the behest of America, charged with banking and banking fraud in violation of US sanctions against Iran. She denies having acted badly.

The company said that the espionage problems were not founded.

"Spying would be tantamount to suicide," said Song Liuping, Huawei's chief legal officer.

"We have no intention of committing suicide."

Huawei realized 48.4% of its business in foreign markets in 2018, up from 49.5% a year earlier.

Europe, the Middle East and Africa saw the strongest growth, with growth of 24.3%, followed by the Americas with growth of 21.3%.

A senior company official said earlier this week that the US campaign against Huawei had little impact on sales and that it was unlikely that many countries would consider the US call to ban its equipment. .

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