The U.S. authorities has described Huawei as deeply entrenched with and funded by the PLA and the PRC intelligence equipment, and the corporate’s Chairman and CEO, Ren Zhengfei, served within the PLA and espouses PLA philosophy with respect to the corporate. The Huawei Chengdu Analysis Middle, positioned within the enterprise zone, can be at present listed on the U.S. Division of Commerce’s Entity Listing because of the nationwide safety risk that it represents. The Chengdu Hello-Tech Industrial Growth Zone, with PRC army firm Huawei as a chief associate, is clearly an MCF enterprise zone. BOE and Tianma’s actions there qualify them as Chinese language army firms, and their operations in america symbolize a risk to U.S. nationwide safety.
John Moolenaar (R-MI), September ’24
The Chairman cites the speedy market share achieve in each LCD and OLED show manufacturing realized by the Chinese language firms. He argues that they went from 1% in 2014 to 52% of the worldwide OLED provide chain, whereas they maintain 72% of the LCD market now, typically promoting at price as a result of authorities largesse.