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Huawei’s CEO Ren Zhengfei: never wastes its resources on non strategic opportunities.

Huawei’s CEO Ren Zhengfei says the company never wastes its resources on non strategic opportunities.

SOUNDBITE (CHINESE): REN ZHENGFEI, HUAWEI CEO
“Virtual Reality is coming and that will bring more interactions. I believe the amount will be huge and this is a strategic opportunity.”

China’s leading telecommunications company, Huawei Technologies, has reported profits jump of 33 percent last year, driven by smartphone sales.

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