Huang Renxun talks about the Chinese market: both vibrant and innovative.
After breaking through a market value of over $4 trillion and making an appearance in China, Jensen Huang, the founder and CEO of the American company NVIDIA, said in an interview with CCTV's "Face to Face" program that China is a unique market.
Huang Renxun: China is not just one market among many, it is a unique market. The vibrancy, innovation, developmental momentum, and speed of growth in this market, as well as the development of the industry, are unparalleled. We have been here for 30 years, long before most high-tech companies came to China. At that time, there were only two technology companies in China, Lenovo and Great Wall.
The Chinese market not only has vitality, but also outstanding innovation with excellent engineers. China has one of the largest numbers of computer scientists in the world, second only to the United States, and it has an extremely large consumer base. This is not just an ordinary market, but a very unique one. As a technology supplier, we need customers, and all suppliers need customers. This market is very unique, and you must not take it lightly.
The unexpected consequences and long-term impact of not participating in the Chinese market, although difficult to predict, are unlikely to be optimistic in my opinion.
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