Recently, the United States' "Zhuhu" ZTE incident triggered widespread criticism, and also exposed the lack of core technology of Chinese IT companies in the field of chips.
April 22,Liu Qiang's Interview with CCTV at the First Digital China Construction Summit, published his own views on the ZTE event.
Liu Qiangdong said that the ZTE incident has stunned all Internet entrepreneurs in China and all entrepreneurs in the IT industry. I hope that this slap will wake up the entire Chinese company and realize that if we can't master our core intellectual property rights, then the fate is ultimately in the hands of others.
Liu Qiangdong said that Jingdong’s road is the first to take the road of application. With the application, there will be cash flow and gross profit, and then use his own profit to make rolling investment and stick to a relatively lonely road.
Because of the construction of core intellectual property rights and investment in technology, it takes a long time. In seven years, eight years, or even ten years, no profit can be seen, no income can be seen, and all losses are caused. “But I think as an entrepreneur, this is the bottom line we should stick to. "Liu Qiangdong said.