Guo Ping, the rotating chairman of Huawei has spoken up against the strict export controls implemented by the US government for stopping the tech giant from China to obtain essential chips. Reports suggest that the biggest supplier of Huawei has been cut off already. Guo mentioned during the annual analyst summit of Huawei that they are yet to figure out a solution to the issue, and even though the US government keeps on attacking Huawei, the world would gain nothing out of it.
Huawei has released an official statement that says the US government has been relentless in its pursuit of tightening the stranglehold on the company. It also alleges that the government has completely ignored the concerns raised by many of the industry and company associations. The decision has been called pernicious and arbitrary by the company. They also added that it threatens to damage the reputation of the industry all over the world. The new rules are bound to impact the continued operation, maintenance, and expansion of networks worth billions of dollars that have been rolled out in over 170 countries. There is no denying the fact that it will affect Huawei’s business, but they are reportedly yet to come up with solutions.
After the announcements were made by the US government last week, TSMC also stopped taking new orders from Huawei. The regulations are supposedly put in place to target Huawei and HiSilicon, the chip subsidiary of the company. TSMC has not denied the reports and has only called them market rumours.
Huawei had suggested in the past that its chip supplies can be switched to Samsung eventually. The company has also recently been in conversation with Semiconductor Manufacturing International Corporation of China to explore domestic production of chips.