Either Huawei Doesn’t Need U.S. Tech Or It Does. Which Is It?
China’s flagship telecom company Huawei has seen better days. Now in the crosshairs of the U.S. and the U.K., and likely Japan, South Korea and EU chipmakers, Huawei has been blindsided by its most important suppliers.
On one hand, the company says it doesn’t need American microprocessors like Intel or Qualcomm. On the other, it says that without them they can’t grow some of their core businesses, mainly smartphones.
“Maybe some of our lower-end products on the periphery might easily be hurt,” Huawei’s founder and billionaire Ren Zhengfei told a gathering in China this week. “They will be knocked out sooner or later. We didn’t prepare for this, so some of those items might be affected. But our most advanced products will not be affected. And our 5G, at least, will not be affected. Not only that, I think even after two or three years it will be impossible for anyone to catch up.”………read more