Business & Economy

Huawei says goal is survival amid ‘non-stop US aggression’

Beijing, Sep 23 (efe-epa).- Huawei’s rotating chairman Guo Ping said Wednesday that “non-stop aggression” from the United States has put the Chinese tech giant under “significant pressure.”

The company is now assessing the impact and “battling for survival,” but will continue to work with its suppliers to get chips, Guo said during an address at the annual Huawei Connect conference in Shanghai.

This is the first public statement by the chairman since the latest measure by the US against Huawei came into effect last week.

On Aug. 17, the US Department of Commerce announced that from Sep. 15, Huawei’s global suppliers developing or producing components using US technologies would first need to obtain a license from Washington in order to sell to the Chinese company.

“This amendment further restricts Huawei from obtaining foreign made chips developed or produced from US software or technology to the same degree as comparable US chips,” a commerce department statement said.

Huawei and its suppliers have stockpiled chips and tried to complete deliveries before the deadline while trying to get approval from Washington.

Guo said that the company will continue to invest in connectivity, high-performance computing, cloud computing, and artificial intelligence, and added that the synergy between these fields is crucial not only for Huawei but for the entire sector.

He added that Huawei will continue to work with its supply chain partners to improve their capabilities and ensure that they benefit throughout the process.

Some American chip manufacturers such as Intel and AMD have announced that they have obtained approval from the US to supply some products to Huawei, although they have not specified which ones.

Other non-US suppliers have demanded a license from Washington to work with the Chinese company, but have yet to receive a response.

Chinese consumers fearing that disruptions in the supply of chips may affect production of Huawei phones have been rushing to buy the company’s handsets, which has led their prices on the Chinese market to soar in recent weeks. EFE-EPA


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