By US restricts Huawei tech sales, revoking chip sales.
The United States has taken further action to limit China’s technological advancement by revoking licenses that allowed Intel and Qualcomm to buy and sell chips to Huawei Technologies.
Technologies.
This decision will impact the chips Huawei uses for computers and mobile phones, and it is effective immediately. Huawei has been on US trade restrictions lists since 2019, but recent progress, such as the release of an AI-enabled laptop last month, has raised concerns for the US government. National security experts have accused Huawei of aiding China in cyber espionage, a claim that Huawei denies.
Despite facing significant challenges due to U.S. sanctions, Huawei remains committed to the smartphone industry. Under former President Donald Trump’s administration, Huawei was labeled a national security threat and cut off from key technologies, including advanced semiconductors needed for its smartphones. As a result, revenue from Huawei’s consumer division dropped by 47% year-on-year in the first half of 2021. However, Huawei’s Chairman, Guo Ping, has stated that the company will not exit the smartphone business.
TAIPEI — Huawei Technologies on Friday said its device business, which includes smartphones and other consumer electronics, is facing its “most challenging” time ever this year as the company continues to wrestle with a U.S. clampdown and economic uncertainties.
