Even Huawei can’t hold on?

吾妻思萌

Even Huawei can’t hold on? [Copy link]

 

On August 23, media reported that Huawei’s internal forum posted an article on the afternoon of the 22nd titled “The entire company’s business policy must shift from pursuing scale to pursuing profits and cash flow.”

In this article, Ren Zhengfei said that the global economy will face a recession and a decline in consumption capacity, and Huawei should change its thinking and business policy from pursuing scale to pursuing profits and cash flow to ensure that it can survive the crisis in the next three years. Survival should be the most important principle, and marginal businesses should be shrunk and closed across the board, passing the chill to everyone.

• First, the next decade will be a very painful historical period. The global economy will continue to decline. Due to the impact of the war and the continued blockade and suppression by the United States, the world's economy will not be able to improve in the next 3 to 5 years. In addition, due to the impact of the epidemic, there should be no bright spot in the world. In this case, global consumption capacity will decline significantly, which will put pressure on Huawei in terms of both supply and market. In 2023 and even in 2025, Huawei must make survival its most important goal.

• Second, Huawei's budget for 2023 must maintain a reasonable pace, shrink or close businesses that cannot generate value and profits in the next few years, and at the same time adjust the market structure, make money wherever there is money, focus on market value customers, and completely abandon some countries or markets.

• Third, Huawei should also make reasonable arrangements in terms of employee job placement, performance appraisal, corporate finance, inventory, etc., including continuing to optimize the headquarters business and putting the saved manpower on the front line; establishing a reverse appraisal mechanism, with the front line reversely appraising the headquarters service organization; increasing the weight of cash flow and profit in this year's and next year's appraisals, widening the bonus gap between various businesses and personnel, and linking bonuses, promotions and upgrades to operating results. It would rather see a decline in sales revenue, but growth in profits and cash flow, to incentivize everyone to compete for profits and pass on the chill to everyone; finance must do a good job of cash flow planning, and the main thing in times of crisis is to generate blood; and inventory should be reasonably controlled to avoid excessive inventory that causes Huawei's insufficient profits and tight cash flow, thus posing a new crisis.

• Fourth, shrinking the front does not mean reducing quality. Huawei's R&D must be responsible for the quality and performance of its products. At the same time, Huawei used to focus more on R&D and less on services, but now it must improve the status of its service system. In addition, Huawei emphasizes that at key strategic opportunities and survival crisis points, Huawei can still invest at all costs, but it cannot spend money indiscriminately at non-strategic opportunities.

I read the whole article, but I couldn't understand it anyway. I woke up at night and read it again. I saw a lot of decline in the gaps. I wonder if your company is doing well?

秦天qintian0303

Stay alive, first of all,

lugl4313820

I read the whole article, but I couldn't understand it anyway. I woke up at night and read it again. I saw a lot of decline in the gaps. I wonder if your company is doing well?

I think it’s better to go back to the countryside, cultivate my own one-third of land, and have food to eat. During this period, my family is renovating the house. . .

lugl4313820

I want to ask the moderator again, have you met your father-in-law? How was the result? Are you planning to have a wedding?

zxw1126

Support the boss

baopodao

The high-end is being suppressed and cannot move forward. If we want to increase volume, we are faced with an economic recession. Currently, the only way out is to maximize profits.

476700838

lugl4313820 posted on 2022-8-24 10:44 I read the whole article, but I couldn’t understand it. I woke up at night and clicked it to read it again. In the gap, I saw a lot of recession. I don’t know about you...

It is better to put it down first, and quit it slowly like quitting smoking and drinking. Use it when you need it, and don't rely on it when you don't need it. Take a break, read a book, drink a cup of tea, do some stretching exercises, and you will find that the virtual world is like a dream that you can't wake up from.

吾妻思萌

I read the whole article, but I couldn't understand it anyway. I woke up at night and clicked it to read it again. In the gap, I saw a lot of recession. I wonder if your company is doing well? I think I should go back to the countryside, cultivate my own one-third of land, and everything will be fine if I have food to eat! During this period, my family renovated the house...

Decoration is also a tiring job. Everything is expensive now. Today, Big A is losing money.

吾妻思萌

One more question to the moderator, how is the result after you met your father-in-law? Are you preparing for the wedding?

I'll post a thread this weekend to record and share my experience. There are many college students and graduate students in the forum, maybe that can be used.

吾妻思萌

lugl4313820 posted on 2022-8-24 10:44 I read the whole article, but I couldn't understand it anyway. I got up at night and clicked it to read it again. In the gap, I saw a lot of decline. I don't know about you...

It's better to put it down first, and quit it slowly like quitting smoking and drinking. Use it when you need it, and don't rely on it when you don't need it. Be a little dazed, read a leisurely book, drink a cup of light tea, do some stretching exercises, and you will find that the virtual world is like a dream that you can't wake up from

No smoking, no drinking, no rush, no irritability, just can't see hope, can't see light. It feels a lot like Japan now, slowly withering away.

吾妻思萌

Survive and get rid of those who cannot be blocked

I feel like there will be some movement in September and October. Do you guys want to reduce your positions?

秦天qintian0303

Azuma Simeng posted on 2022-8-24 20:22 I feel like there will be some movement in September and October. Do you guys want to reduce your positions?

If you don't understand the stock market, you only care about food, clothing, housing and transportation.

476700838

baopodao posted on 2022-8-24 13:14 The high-end is suppressed and can’t go anywhere. We need to go in volume, and we are facing an economic recession. The only way out now is to maximize profits.

We need to upgrade and transform, our industrial added value needs to be increased, and all links from design, production and sales need to be connected in one go, which can also increase employment.

yanbao

Huawei's statement has caused other companies to follow suit, and people are panicking. WeChat Moments are also forwarding Huawei's news!

dfwisdom

Be prepared for danger in times of peace.

15874096935

I already feel that it is not easy to be a post-90s generation.

吾妻思萌

I already feel that it is not easy to be a post-90s generation.

Yes~ The best era was for those born in the 1980s. Now they are all bosses and executives. Those born in the 1990s have no resources.

吾妻思萌

baopodao posted on 2022-8-24 13:14 The high-end is suppressed and can't go away. We need to go in volume, and we are facing an economic recession. At present, the only way out is to maximize profits.

We need to upgrade and transform, our industrial added value must be improved, and we must open up all links from design, production and sales, which can also increase employment

The transformation to real estate has been booming for ten years. Now I am afraid that something big is going to happen.

辛昕

The cards are revealed, so there is nothing to be afraid of.

We used to still have illusions, but now, the direct and rude Americans have torn apart the illusions of most people, which is a good thing.

Take the ban on chip sales as an example.

Although this matter has not yet become a dead end, I believe that no one will have the same illusions as before.

It’s a bit of an exaggeration to say it was ten years ago, but at least eight years ago in 2014 and 2015, well, I was still chatting nonsense here every day instead of doing any real work.

At that time, everyone, including me, thought that "the United States would ban the sale of chips to China" was just a possibility, a hypothesis.

Just like we like if today is the last day.

Assumption is just assumption. Until you actually die, you won’t feel that you are about to die.

So the same goes for this matter.

Looking back to the past, I was also a complete believer in foreign things when it came to chips, because domestically produced chips were really not up to standard.

At that time, we can still hope for global integration, global layout of the industrial chain, etc.

But the Americans' cruelty and capriciousness completely destroyed all the fantasies of even the most pro-Western and associative people.

From the moment it took on Huawei, it also announced its intention to take on seven giants including ZTE and Hikvision.

No matter how it releases and retracts in the future.

Even though chip manufacturing is really a very troublesome and difficult task, almost everyone ignores the localization of chips in their hearts.

But from that moment on, those days were gone forever.

So, that's a good thing.

After the illusion is shattered, people will wake up completely, although now and in the future, it may be just as Huawei said.

But we all tried it when we were penniless - ah, of course, not to mention me, I'm afraid that everyone here was not born at that time.

So, there is nothing to be afraid of.

The most terrifying thing is that you always feel that there is still room for improvement and room for negotiation.

We should thank the United States. Without the help of overseas nation-building figures, including and mainly led by Comrade Trump, I believe that we would not have the opportunity to see the bandit face of the Americans as a whole as we do today.

In that case, there will always be some people and companies like Lenovo, who always think that as long as they give in, they will have a way out, and they do not have the courage to overturn the table.

eew_1PrAA0

We still need to create conditions for scientific research so that they are not strangled by others. Too many talented people have gone abroad.