www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / View

The case for Huawei in US

By Dan Steinbock (China Daily) Updated: 2012-10-12 14:20

Starting in a one-room workshop in Shenzhen in the early 1980s, Huawei is today a global giant generating more than $32 billion in annual revenues and with offices in more than 140 countries.

Despite its global success, Huawei has been rebuffed in the United States time and time again. During the past few years, unspecified allegations in the US have led to severe anti-market measures to block Huawei's expansion efforts. In a report released on Monday, the House intelligence committee recommends that the US block acquisitions or mergers involving Huawei and ZTE. It also recommends that the US government avoid using equipment from the firms.

Huawei entered the US on Valentine's Day in 2001. Despite repeated bids, its efforts to win a major contract from top-tier US carriers AT&T, Sprint, T-Mobile and Verizon have been frustrated.

A few examples: In 2007, Huawei's effort to buy 3Com was thwarted by US government's intervention. In fall 2010, Sprint Nextel solicited bids for a network upgrade. Huawei reportedly offered a deal that would have saved the carrier at least $800 million from its existing costs in its first year of operation alone. But US Congress members launched a letter-writing campaign urging Sprint not to include Huawei, and Gary Locke, then US commerce secretary and present US ambassador to China, called the Sprint CEO to convey his "very deep concerns" about Huawei and national security.

These interventions, in turn, have led to a series of initiatives on Capitol Hill.

While Huawei employs 140,000 people worldwide, less than 1.3 percent of its employees are in the US. In light of business potential, this translates into missed opportunities. If, however, futile friction could be overcome, there are complementary opportunities for Huawei and the US government, companies, innovation and consumers.

Huawei's expansion in the US brings jobs, capital and tax revenues. It continues to exert a major competitive impact on price rivalry, through efficiencies and innovation. It has seven advanced research and development centers and partners with more than 50 higher education institutions in the US, which support high quality jobs and productive capital.

Because of its efforts to ensure cyber security - an end-to-end global cyber security assurance system, independent third-party testing institutes, opened up source code, and former CIO for the United Kingdom government John Suffolk as its global chief cyber security officer - Huawei could be seen as a role model in the ICT sector.

Half of the 56 networks functioning across the world today use Huawei technologies. It is this trust that motivates Huawei's global success. Like Sam Walton's Wal-Mart in the US, Huawei first created a foothold in rural regions, which were neglected by foreign as well as Chinese companies, and only then it proceeded to capture urban centers.

After a difficult transition in the early 2000s, it leveraged its strategy in global markets - starting with developing regions - with the support of US consulting giants, such as IBM. But in the West, almost every story about Huawei begins or ends with speculation on its corporate governance and its founder Ren Zhengfei, who served in the military for five years about three decades ago. The argument is that since Huawei is not public, it must be suspicious.

Yet many winning US companies remain private, like Huawei, to retain their flexibility in the marketplace. Besides, from the Chinese perspective, Huawei's corporate governance has served a function: to retain human capital.

Since 1990, Huawei has rewarded some 65,000 employees with the right to buy Huawei stocks. The stock ownership plan has allowed it to attract and retain talent. Employees hold some 98.6 percent of Huawei's shares. And China's law prevents companies with large employee ownership from going public.

As Huawei continues to globalize, it will seek to reconcile Chinese and global corporate norms. True, the influence of private entrepreneurs in China has increased after 2002. However, Huawei's global success can be attributed to its origins in market-driven Shenzhen, smart strategic moves, and success in the global market.

Overall, the expansion of Chinese companies has led to significant economic contributions in foreign markets in which they operate, through job creation, contributions to GDP and local taxes, says the prestigious World Economic Forum, which considers Huawei an exemplary case.

As long as barriers continue to deter Chinese foreign direct investment in the US, America's trade and investment policy is at risk of being perceived unipolar. In the long run, such perceptions may return to haunt US corporations and their efforts to expand in foreign markets.

In the coming decades, the role of US corporations in the world economy will decrease in relative terms, while those of large emerging economies will gradually increase. Seeking unipolar sanctions in a multipolar world is a sure way of escalating trade and investment conflicts and potentially undermining the activities of American companies worldwide.

A successful outcome in the Huawei case could prove a game-changer by accelerating the flow of investment into the US at a time when inward investment is needed the most. An unsuccessful outcome would have repercussions on US-Chinese relations, far beyond Huawei.

So if there is a security case to be made against Huawei, it should be made publicly and in a specific manner. Serious allegations require serious evidence. And if that security case against Huawei does not exist or if it cannot be made, there is a win-win case for Huawei in the US.

The author is research director of international business at US-based India, China and America Institute, an independent think tank, and a visiting fellow at Shanghai Institutes for International Studies and Singapore EU Center.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲欧美7777| 手机看片1024欧美日韩你懂的 | 国产一成人精品福利网站 | 三级亚洲 | 91久久综合 | 免费精品久久久久久中文字幕 | 亚洲精品久久久久久久无 | 女人成午夜大片7777在线 | 一级做a爰全过程免费视频毛片 | 大尺度福利视频在线观看网址 | 亚洲视频精品在线 | 中文字幕一区二区三区视频在线 | 亚洲自偷自拍另类12p | 九色福利| 在线观看一级毛片 | 三级精品 | jyzzjyzzjyzz日本在线观看 | 一区二区成人国产精品 | 成人在线免费观看网站 | 一级做a爰片欧美一区 | 国产免费一区二区三区在线 | 狠狠综合久久久久综合小说网 | 国产精品久久免费视频 | 寡妇一级毛片 | 日本乱理伦片在线观看网址 | 成人a毛片手机免费播放 | 色播亚洲| 国产精品久久久久久久久久久威 | 国产成人一区二区在线不卡 | 国产成人精品女人不卡在线 | 久久久久99精品成人片三人毛片 | 亚洲欧美综合国产不卡 | 天堂精品高清1区2区3区 | 国产免费高清福利拍拍拍 | 成年人免费观看视频网站 | 欧美三级不卡在线观看视频 | 一级片成人| 欧美手机在线 | 91久久综合 | 国产亚洲欧美成人久久片 | 国产亚洲欧美日韩在线看片 |