Yu Chengdong discusses the details of the Huawei-SAIC cooperation
Richard Yu, Huawei's Executive Director and Chairman of the Device BG, revealed in a livestream on August 30th that while they initially rejected SAIC's partnership proposal due to "lack of resources and inability to execute," the two sides ultimately reached a partnership based on trust and perseverance, attaching strategic importance to Shangjie and adopting an all-in approach. Despite resource constraints, Huawei invested in core intelligent technology and design teams, sharing its past successes and failures with the "Four Jies" to strengthen Shangjie's foundation and solidify its position.