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1)What insights do you have about the ability of Chinese companies, in this case Huawei, to become strong, globally-competitive companies?

2) Instead of adopting the conventional strategy of setting up an international joint venture to import
and learn from foreign companies, Huawei placed a strong emphasis on in-house R&D right from the
start. What are the advantages and disadvantages of developing technologies in-house? If you were in
the position of Ren Zhengfei, what would be your decision on R&D and why?

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