“Despite efforts in markets creating fear about Huawei, using politics to interfere with growth, customers continue to trust us and continue to work with us and build networks with our technologies,” Deputy Chairman Ken Hu told reporters in the Chinese city of Dongguan on Tuesday.
Despite decisions this year by Australia and New Zealand to block wireless operators from using Huawei to build their 5G networks, Hu expressed confidence that the company’s technology is “significantly more advanced” than that of its rivals, giving it a head start of 12 to 18 months and the ability to attract new customers.
“It’s like a running race,” he said during a rare media briefing on one of the company’s campuses in southern China. “We are leading.” The company is on track to hit its target of more than $100 billion in revenue this year, he confirmed, up from around $92 billion in 2017.
“I was on the plane just yesterday,” he said.
He declined to comment on Meng’s case, but expressed confidence in Huawei’s trade compliance system and in “the judicial independence and fairness” of the Canadian and US legal systems. “We look forward to a just conclusion,” he added.
Hu just arrived back in China from Europe, one of the regions where the company has faced renewed questions over the security of its products.
Hu said he understands the concerns from customers and authorities, but insisted there is no example of Huawei equipment “posing security threats” in the past 30 years.
Hu said that governments sometimes have concerns about which companies should supply 5G networks because of “legitimate” concerns about technology, which Huawei is working to address through communication and investing billions in security-related software.
But he slammed the “irresponsible decisions” by some countries that he said rely on “baseless speculations” to target a specific company out of “ideological and geopolitical considerations.”