Speaking in Melbourne yesterday where he commemorated the one-year anniversary of the local Australian Board of Directors and attended a board meeting, Ren outlined the company’s long-term commitment to the Australian market and the board’s decision on future investment in the local market.
Ren said the decision to reinvest local profits in the Australian market continued Huawei’s localisation strategy, which had seen Huawei Australia grow into a company of almost 900 staff, employing around 90 percent locals.
Yesterday’s Huawei board meeting was attended by Australian Chairman John Lord and directors John Brumby, the former Victorian premier and state ALP leader, and Alexander Downer, former leader of the federal Parliamentary Liberal Party, directors Guo Fulin (Australian CEO), Jeff Liu (regional president), and Madam Chen Lifang (global director).
Lord said it was very encouraging to have such strong support from Huawei’s CEO as the company continued to expand its presence in Australia, adding that last year Huawei Australia had revenues of $229 million, representing a 34 percent increase on revenues in 2010. It had also recorded a 96 percent increase in H1 2012 revenues over H1 2011.
While in Australia, Ren has met with Huawei customers and stakeholders in Melbourne, Sydney and Canberra, including the Huawei-sponsored Canberra Raiders rugby league team, and was also guest of honour at an Asialink event in Melbourne.