Page 39 - Eric Xu News Today

Will build components for smart vehicles, including software for self-driving cars Published:  April 13, 2021 12:53 IANS Huawei aims to strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques, as well as in components for intelligent vehicles. Image Credit: GN Archive. Photo used for illustrative purposes only Chinese technology giant Huawei, which is focusing on opti...

Huawei blames US for global chip shortage Huawei blames US for global chip shortage Last Updated: Tue, Apr 13th, 2021, 20:40:09hrs Seoul, April 13 (IANS) Huawei on Tuesday blamed the US for a global chip shortage as it called for cooperation with South Korea, Japan and Europe to form a new semiconductor supply chain. The move came hours after US President Joe Biden urged more spending in the chipmaking sector to resolve the chip shortage and build up a stable supply chain, Yonhap news agency re...

Read more about Chinese tech giant Huawei to pump in $1 billion on car tech in 2021 on Business Standard. Huawei is focusing on optimising its portfolio to boost business resilience

TechShout - Apr 13, 2021 Huawei on Tuesday blamed the US for a global chip shortage as it called for cooperation with South Korea, Japan and Europe to form a new semiconductor supply chain. The move came hours after US President Joe Biden urged more spending in the chipmaking sector to resolve the chip shortage and build up a stable supply chain, Yonhap news agency reported. A recent shortage of semiconductors has stalled production across manufacturing industries, especially in the auto sect...

Huawei shifts focus to software as US sanctions bite Huawei suffered a slowdown in growth last year as US sanctions took their toll (Getty Images) Huawei today said it will refocus its efforts on software as part of a strategy overhaul aimed at counteracting the impact of US sanctions. The Chinese tech giant also said it will ramp up production of components for electric vehicles in an effort to “boost business resilience”. The controversial company has been rocked by a num...

UPDATE 1-After sanctions, Huawei turning to businesses less reliant on high-end U.S. tech Reuters 1 hr ago (Adds details, background) SHENZHEN, China, April 12 (Reuters) - Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it said on Monday, citing U.S. sanctions that have reduced its access to high-end semiconductors. Huaweis rotating chairman, Eric Xu, also said the company has "no expectation" of being r...

Speaking to analysts in Shenzhen at Huaweis Analyst Summit, Xu said: "The U.S. sanctions is the main reason why we are seeing panic stockpiling of major companies around the world." He added: "Some of them never stockpiled anything, but because of the sanctions they are now having three months or six months of stockpiles." Huawei itself has built up a stockpile of chips to try to ensure its business — focused on telecoms equipment and consumer electronics — can continue as normal. Some comp...

Huawei chief warns of spike in chip prices - Mobile World Live 12 APR 2021 HUAWEI GLOBAL ANALYST SUMMIT 2021: Huawei rotating chairman Eric Xu ( pictured) highlighted the need to rebuild trust and restore cooperation across the global semiconductor supply chain to bring the industry back on track and avoid rising prices. Xu called on global leaders to focus on the potential risks of trade restrictions, arguing these disrupted trust in the industry, with more countries worrying about supply ch...

Huawei to pivot its business as US sanctions bite Chinese telecommunications equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome US restrictions that have devastated its smartphone business. Huawei was put on an export blacklist by former US President Donald Trump in 2019 and barred from accessing critical technology of US origin, affecting its ability to design its own chips and source compo...

Embattled Huawei plans push into smart-vehicle sector to survive Rotating chairman Eric Xu said Huawei planned to invest one billion dollars in the projects -- in cooperation with major Chinese automakers -- of systems for electric vehicles and cars that use artificial intelligence. FILE: In this photo taken on 27 May 2019, a Huawei logo is displayed at a retail store in Beijing. Picture: AFP 4 hours ago SHA...