The â€œ2016 14th China Most Respected Enterprise Annual Meetingâ€ awarding ceremony was held on November 22, 2016 at Peking University. Mr. Meng Hao, Chairman of Qualcomm China, attended the event and delivered a keynote speech.
In the sharing, Meng Hao looks forward to the world for the next 30 years. He pointed out that what will be seen in the future is to connect everything. "We have to connect all the equipment and devices that can be powered on in the world. So we think that in the next 30 years, we can see that there will be thousands in the world. The billion-dollar terminal is connected to the Internet. Regardless of foreign companies like Qualcomm or Chinese companies, we will usher in a new era of the Internet of Everything, all opportunities are there."
The following is a record of the speech:
Meng Hao: Dear leaders of the "Economic Observer", distinguished guests, entrepreneurs, friends of the media, good afternoon everyone. Today, I am very happy to represent Qualcomm to accept the awards on the forum. The awards are very meaningful for Qualcomm. This is the first time we have won this award in the history of China's development in the past 20 years. It has special significance for us.
Today, in front of me, several guest speakers, three state-owned enterprises, counted me three foreign companies, Chinese entrepreneurs can basically go out without a PPT. The professional managers trained by our foreign companies basically have to take PPT, not bad. IBM CEO and Schneider Electric Zhu total examples, I also use PPT.
I want to share with you the Qualcomm company that everyone can introduce to me from behind. In fact, I think we are more willing to regard us as a Chinese company. This is not to say that the Chinese management team said this in China. I think you can see from two angles that we are indeed a Chinese company. In the first international Fortune 500 international foreign company, probably China's business accounts for more than 50% of China's revenue, and Qualcomm should be the only one. No foreign company has developed in China for the past 30 years and China's business or China's business accounts for such a large proportion. I think we are more of a Chinese company.
The second one is basically the development of China's mobile Internet industry and the mobile phone industry. It is basically developed from scratch. Without China's mobile Internet industry, there is no Qualcomm development. Similarly, Qualcomm has played a very important role in promoting the development of the Internet in China. So today's awards, China's most respected companies, the word China is very meaningful to us.
From Qualcomm, we are actually a very young company. The company has only 30 years of history. The only thing we have done in the past 30 years is to connect people. From the early analog mobile phone to digital mobile communication, from the second generation to the fourth generation, every generation of mobile communication technology we basically do is to connect you and me. So from the past 15 years or so, we can see that we have raised the global Internet from the first generation of limited Internet connections to the mobile Internet. At the connection, there is a huge number of breakthroughs between you and me. The first generation of limited Internet globally connected to such computers, with no more than one billion connections. Up to now, after the rapid development of the mobile Internet in the past 15 years or so, the number of connections to the Internet through the wireless gold network should be between 7 and 8 billion. This is what we have done in the past 30 years.
Looking forward to what we will see in the next 30 years? We see that we are connected to everything, we have to connect all the devices and devices that can be powered on in the world. Therefore, we believe that in the next 30 years, we can see that there are hundreds of billions of terminals connected to the Internet in the world. For foreign companies like Qualcomm or Chinese companies, we will usher in a new Internet of Everything. In times, all opportunities are in it.
From the perspective of Qualcomm's business model, we met the future industry in the early stage, and some key problems encountered in the past ten years, we invested resources early in research and development. Therefore, we are a technologically innovative company. In our long history, our accumulated R&D investment has exceeded US$42 billion. Whether it is in the company's smooth sailing or against the wind, the company has always insisted on technological innovation and persistence. Making large-scale investments in research and development allows us to stay ahead of the industry. We can create more inventions, and we can share its research and development results with our partners, whether through technology licensing or through chips, and work with our partners to promote the progress of the industry.
In the past 15 years, Qualcomm's development in China has actually been developed alongside China's mobile Internet industry. Many of our customers are the first mobile phones, and the first smartphones are partners of Qualcomm. So we witnessed the development of China's mobile Internet industry. In the past few years, you can see that the development of China's mobile communication industry is getting faster and faster in the world. In 2008, among the top ten manufacturers of smartphones or mobile phones, Chinese manufacturers only accounted for one. It is 2008. By the way of the top ten mobile terminal manufacturers in the world in 2015, Chinese manufacturers have already accounted for 60. We believe that the proportion of our Chinese manufacturers in the top ten will increase from 2016 to 2017. In addition, China is also one of the fastest growing countries in the global mobile Internet. In the past two years, our 4G users have reached 600 million. So this is our entire mobile communication industry. When the mobile Internet industry enters the Internet of Things in the next stage, we are standing in sync with the world. We can see that there are a lot of China's first in the future. China's first innovation opportunity is here. The emergence of the field can drive the development of the global mobile communications industry and the Internet of Things.
From the development of mobile technology, we can see that the chip we actually have in mobile smartphones can be said to be the largest technology platform in human history. Because the global sales of more than one billion terminals of smart phones are put into the market every year. The SOC system and chip inside it have actually become the largest technology platform, which plays the role of connection and calculation. In this development process, we believe that because of its scale, because of its high computing power, low power consumption and low price, he can play more roles in the development of our society when entering the development of the Internet of Things.
From the past two years, we can see that Qualcomm has almost 1 billion chips, and SOC has been widely used in many kinds of Internet of Things applications. For example, drones, such as robots, such as VR, for example, connected to the camera, many applications are equipped with a new computing platform in the smartphone-based chip, equipped with new computing software, enabling it to Large-scale application to the application environment of the Internet of Things.
From the perspective of Qualcomm and industrial development, the biggest area of â€‹â€‹our focus now is the fifth generation of mobile communications. The moderator just introduced that our industry is probably the most special industry in all IT industries. Each generation of our technology can be predicted and spoken out in advance, probably only in the mobile communications industry. So basically there will be a new generation of technology every ten years. The fourth generation that we have implemented on a large scale in China is now deployed in accordance with the global technology and in accordance with the Chinese government and industry. It is basically foreseen that China will deploy commercials on a large scale in 2020 and deploy fifth-generation mobile communications.
In the fifth generation of R&D, Qualcomm, like other early mobile Internet technologies, we are also investing in the first phase. In 2006, we started research and development of the fifth generation mobile communication. We believe that the fifth generation mobile communication will enter the Internet of Everything. The Internet of Things era is a very important technology. Because it has been pursuing ultra-high-speed connections not only in the past second, third and fourth generation mobile communication technologies, he has a new meaning. We believe that the fifth generation of mobile communications must be a universal connection platform. On the one hand, he wants to be able to improve the connection speed of all of us, and the fourth generation of mobile communication technology makes us faster to access the Internet. There are also two new applications that we have never met before, one of which is a mission-critical service. Because we know that different industries are now regardless of whether we say "Internet +" or a special industry. For example, the Internet of Vehicles, because all cars, if it is to be automatically driven, connected through the Internet, so it has high requirements for wireless transmission, high reliability, low latency, we have new requirements. How to include these applications in the fifth generation of mobile communication technology, so that the reliability of the system application is improved, and the application can be guaranteed under the condition of monitoring human life safety. This is a new technical problem that the entire industry faces.
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