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Huawei would be good without US chips: Huawei CEO



Huawei's CEO and founder Ren Zhengfei said Saturday that the company was fully prepared for the US restriction, and that Huawei would be "good" even if the US smartphone chip maker would not sell chips to the company.

Huawei's chips arm HiSilicon said on Friday it has long been prepared for the scenario that it could be forbidden to buy American chips and technology, the company had invested heavily in proprietary technology and can ensure a steady supply of most products to Make sure Huawei will continue to serve its customers.

On Thursday, US President Donald Trump issued an executive order, which will prohibit the Chinese telecommunications giant from purchasing parts and components from US companies without the approval of the US government. "We have not done anything that violates the law," says Ren. "We have already prepared for this." The technology company will continue to develop its own chips, although Qualcomm and other US suppliers would not sell chips to Huawei, Nikkei reported.

Huawei also made a statement saying that such a move would ultimately damage American consumers' interests.

In response to President Trump's executive order preventing US companies from using telecom equipment that could pose an unacceptable risk to national security, the Chinese Department of Commerce said on Thursday that the US ban is an abuse of national security and unilateral trade sanctions. and the country will take the necessary measures to protect the interests of Chinese companies.

A Huawei smartphone outlet in Nanjing, East China's Jiangsu province. / VCG Photo

A Huawei smartphone outlet in Nanjing, East China's Jiangsu province. / VCG Photo

Ren also noted that Huawei's growth could slow down during the US restriction, but only slightly, in an interview with Japanese media Nikkei on Saturday.

Ren added that the company's annual sales growth can be less than 20 percent. The technical giant's compound annual growth rate (CAGR) for sales from 2014 to 2018 was 26 percent.

As the US is trying to discourage the rise of Huawei, tech giant continues to develop its cutting-edge 5G technology with 40 commercial contracts to build and operate 5G telecommunications infrastructure globally.


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