Huawei under no ‘illusion’ about US lifting sanctions but will keep chip-making unit as it fights for survival

//Huawei under no ‘illusion’ about US lifting sanctions but will keep chip-making unit as it fights for survival

Huawei under no ‘illusion’ about US lifting sanctions but will keep chip-making unit as it fights for survival

Huawei Technologies Co, the Chinese telecoms equipment giant struggling under US sanctions, is under no illusion about US President Joe Biden removing the telecoms equipment giant from the US Entity List, company deputy chairman Eric Xu Zhijun said on Monday at an analyst summit in Shenzhen.Huawei currently has enough chip inventory to support its enterprises, Xu said, but added that the situation cannot last indefinitely, suggesting the company is depleting its stockpiles.However, Huawei will…

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By | 2021-04-12T11:49:58+00:00 April 12th, 2021|Technology|Comments Off on Huawei under no ‘illusion’ about US lifting sanctions but will keep chip-making unit as it fights for survival