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Eric Xu

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Gender Male
Age 60
Born Beijing
China
ResidenceSingapore
Alma maters Peking University
Texas A&M University
Job Entrepreneur
Businessperson
Investor
Philanthropist
Education Peking University
Texas A&M University
FoundedBaidu
Date of birth January 1,1964
Date of Reg.
Date of Upd.
ID455964
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Eric Xu Life story


Eric Xu Yong is a Chinese entrepreneur, investor, and philanthropist. He is best known as co-founder of Baidu, the largest Chinese search engine. Dr. Xu is founder and chairman of Yifang Capital, an investment holding company engaged in venture capital investments and asset management.

Huawei feels "bite of winter" to Trump ban

Feb 16,2020 9:40 am

In the case of Huawei , the workers are either "tree-growers" or "pit-diggers" and the "heady scent of the plums" comes only after the "bone-deep bite of winter".

So says a poetic New Year , the Embassy of the Chinese Telecom giant that puts their "vision" for the year 2020.

But under the flowery language, Huawei , life is known to be "difficult" to the trump administration, The Company is prohibited from doing business in the United States.

"Survival is our first priority," it said.

Huawei , The World 's largest supplier of 5G equipment, said sales growth for 2019 is lower than it initially thought, rising from 18% to 850bn yuan (£92. 7bn).

This corresponds to a sales growth of 19. 5% in the previous year.

It predicts that sales will remain Under Pressure in the year 2020, while it is assumed, will remain on the U.S. Entity List.

The United States classified Huawei as a National Security threat amid claims that The Company has "close links to the Chinese government and military apparatus".

Huawei said the decision was made on the basis of "innuendo and false assumptions".

In his New Year statement, The Company 's rotating Chairman, Eric Xu , said: "The US government's campaign against Huawei is strategic and for the long term. "

The British government is expected to decide in January when Huawei will roll out 5G mobile networks

The United States has also put pressure on other countries not to allow Huawei technology used in 5G networks, citing concerns about National Security , the Chinese company rejected.

In January, the United Kingdom, it is expected that a decision on whether Huawei equipment for the rollout of the next generation of 5G Telecom network across the country.

Earlier this month, Prime Minister Boris Johnson said: "On Huawei and 5G, I want This Country to be unnecessarily hostile to investment from abroad.

"On The Other side, can we have security without prejudice to our vital national. "

'mediocre Manager'

In his New Year statement, Mr Xu said: "It will be a difficult year for us. "

But Huawei called on the employees to adversity: "If not for the bone-deep bite of winter, where we get the heady scent of plums?"

Huawei 's plans for the year, he warned that managers who do not lead, is the axe.

"We remove the mediocre Manager faster," he said. "Those who prioritize short-term profits and pass the problems to their successors. The pit-graves under us. "

On The Other hand, he's Huawei said people will promote ", which will help our customers to be successful."

Huawei has told employees to prepare for a difficult year

"[the Ones], the long-term success before short-term profit by continuously contributing value to The Company . The tree-growers Among Us . "

Mr. Xu used The Message to thank Huawei for workers, especially "employees on The Front lines, who have worked day and night to patch up the holes in this embattled aircraft from us and their families who have stood by your side".

While he admitted that The Situation in the USA was a great challenge for The Company , Mr Xu said that Huawei should "motivate us, and build some muscles".

And in a final rallying cry, he said, Huawei to remind staff: "We are the bamboo stalk that stands tall and proud against the wind from All Directions , whether North or South, East or West . "



5g, companies, huawei

Source of news: bbc.com

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