Huawei upbeat on Chinese chip industry ...News

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The sector will thrive through US sanctions to become more self-reliant, tech company boss claims The US government’s tightening tech-export restrictions on China could foster the development of the nation’s domestic chip industry, Huawei’s rotating chairman Eric Xu stated during a press conference on Friday, as cited by CNBC. “I believe China’s semiconductor industry will not sit idly by, but take efforts around ... self-strengthening and self-reliance,” Xu reportedly said, adding: “For Huawei, we will render our support to all such self-saving, self-strengthening and self-reliance efforts of the Chinese semicond

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