in

Huawei says it expects great impact from US chip supply ban · TechNode


A high-level executive of Huawei said Monday the company will find a solution to a new rule announced by the Trump administration that effectively cuts the Chinese telecommunications equipment maker off from global chip suppliers.

Why it matters: This is Huawei’s first official response to the new rule change made public on Friday. The company said it is still evaluating the impact of the new restrictions.

  • The rule, announced by the US Commerce Department, requires companies around the world to obtain licenses for sales to Huawei of semiconductors made with US technology.

Details: The Commerce Department’s rule would “inevitably” harm Huawei’s business to a great extent, said Guo Ping, the rotating chairman of Huawei, in a press conference Monday at the company’s headquarters in Shenzhen. He added that the company is confident that it would find a solution soon.

Wei Sheng is a Beijing-based reporter covering hardware, smartphone, and telecommunications, along with regulations and policies related to the China tech scene. Before joining TechNode, he wrote about…
More by Wei Sheng



Source link

What do you think?

Written by Aakash Malu

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

Indonesia to impose 10% digital services tax

How the healthcare industry is preparing for post COVID-19 lockdown era