We have markets other than the US: Hytera founder

Source: Global Times Published: 2020/8/16 17:09:01

A worker passes by a smart production line of Hytera Communications Corporation Limited in Shenzhen, south China's Guangdong Province, Dec. 12, 2018. (Xinhua/Mao Siqian)

 

The founder of Hytera has said that the company will not give up the US market if opportunities arise, but it has other markets to explore if there is no access to the US market.

The claim was a response to the US regulation, which took effect on Thursday, barring the US government from buying equipment using components from five Chinese companies, including Huawei, ZTE, Hikvision, Hytera and Dahua.

"A closed market is not good for business," said Chen Qingzhou, founder and Chairman of Hytera Communications Corporation Limited, a leading private mobile radio solution provider based in Shenzhen, South China's Guangdong Province.

For enterprises, a closed market lacks a competitive environment, which will lead to laziness and weaker international competitiveness in the future, media reported on Friday citing Chen.

"As long as Hytera makes the technology, the quality of the products, the service and the cost performance better and better, I believe that many international markets will surely be solved," Chen noted.

According to the regulation, the US government is prohibited from procuring or obtaining, as well as entering into, extending, or renewing a contract with an entity that uses telecommunications equipment or services produced by Huawei or ZTE, and video surveillance and telecommunications equipment produced by Hytera, Hikvision, or Dahua, or any subsidiary or affiliate of such entities.

"If the US market is hard to get into, we can sell in Europe. Our company also has markets in Southeast Asia, Africa, Latin America and other places in the world to explore. Of course, Hytera is still willing to explore the US market whenever there is an opportunity. We will not give up," Chen added.



Posted in: COMPANIES

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