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Press Release -- June 22nd, 2012
Source: Huawei

Ren Zhengfei Huawei Increases Investment in Russia, Optimistic About Growth Prospects

[St. Petersburg, Russia, June 22, 2012]: Huawei Founder and CEO, Mr. Ren Zhengfei, today spoke at the St. Petersburg International Economic Forum to outline Huawei’s commitment to enrich life through communications and to address the issue of information security challenges within the industry. Mr. Ren also discussed Huawei’s optimism about Russia’s growth and development prospects and the company’s plans to deepen its roots in Russia through increased investment.

“The key to the future development of the electronic information industry lies in cyberspace technology. Cyberspace is a new strategic domain unlike physical territory. What makes the two domains different is that competition in cyberspace is not characterized by occupying territories and forming closed positions, but by being openly accessible,” said Mr. Ren. “We must utilize information to benefit mankind and adopt a positive attitude towards data floods—not merely look at the ills or complexities that they create.”

Huawei projects that network traffic will grow by 75 times in the next 10 years, while mobile broadband traffic will grow by more than 2,000 times. Key to the development of the telecoms industry is the creation of data pipes that are wide enough to manage huge amounts of data. Mr. Ren compared data floods to the water of the Volga River and said, “what we can do is to build data pipes that have a diameter wider than the Volga River, even wider than the Pacific Ocean, to make communication and data transmission smooth. Data, by nature, tends to be open. What we can do is to leverage the full potential of data. As data flooding increases far faster than prevention technology develops, the whole industry faces information security challenges. Cyber security is a common issue that the whole industry has to face. We must join hands to proactively address this issue.”

Since entering Russia 15 years ago, as one of Huawei’s first international markets, the company has become a local corporate citizen and Mr. Ren remains confident in the country’s growth and development. Mr. Ren believes that Russia is poised to experience another golden age as the country possesses the talents and resources necessary to advance its ICT industry. “We should cherish this opportunity and increase our investments in Russia to meet the demands of Russia’s national strategy for developing its electronic information industry,” said Mr. Ren.

Since entering the Russian market, Huawei has been committed to building a harmonious business environment and localized operations to help advance Russia’s ICT industry and increase its competitiveness. Through system integrations, localized manufacturing and research and development, Huawei has established an integrated industrial chain in Russia and trained a large number of local talents. “Huawei will continue to take root in the soil of this beautiful country and contribute to the information industry in Russia through localized operations and increased investments,” Mr. Ren concluded.

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