US Chip Manufacturers Talking Gov’t Into Easing Huawei Ban

19 Juin, 2019, 10:10 | Auteur: Auguste Feret
  • US Chip Manufacturers Talking Gov’t Into Easing Huawei Ban

This is the first time under fire Huawei has quantified the impact of the U.S. action against the company.

Huawei founder and CEO Ren Zhengfei expects revenue for 2019 to drop by $30 billion.

While the USA government is focused nearly exclusively on Huawei's networking equipment, which it fears could be used for spying purposes by the Chinese government, Huawei's smartphone business is likewise being torpedoed at an awkward time. It is true that Huawei saw a decline in smartphone shipment volumes overseas but the company is still recording growth domestically, he said.

The panel was part of Huawei's media campaign to fight back against the US. And a year ago, the Federal Communications Commission announced plans to block US telecom and Internet carriers from using federal subsidies to buy foreign equipment deemed to pose a security threat.

But industry insiders have remained skeptical that Chinese chip makers can quickly meet the challenge of supplying Huawei's needs and those of other domestic technology firms. Today that all changed, with Huawei cutting revenue projections based on the hit it expects from the ban. 'We will maintain our existing supply chain and will continue to place orders with U.S. companies.

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Last month, the USA put Huawei on a list of companies that American firms can not trade with unless they have a licence.

The US government accused Huawei of posing a national security risk, an accusation that the world's largest telecom equipment maker has repeatedly denied and said was never supported by any factual evidence. Huawei will get tested by the adjustment period and through time.

The ban came soon after the breakdown of talks to end the months-long trade spat between China and the United States, spurred by USA allegations of Chinese corporate espionage, intellectual property theft and forced technology transfer. He said Monday there are no backdoors in its equipment that anyone could access, and that Huawei is willing to enter into a no backdoor agreement with any nation that wants one. So clearly that is not about national security. "We chose to sell the submarine network business simply because it was not our core business", Ren said.

While the United States claims Huawei's 5G network could be used by the Chinese government for espionage, Huawei argues that all of that is basically nonsense and that there is no proof.

In an interview with Bloomberg later in May, the founder of Huawei had said that the firm will find its own way to solve its supply chain problems.

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