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Huawei: Strive with Partners to Create New Value Together for All Industries Huawei: Strive with Partners to Create New Value Together for All Industries SHENZHEN, China, April 13, 2021 /PRNewswire/ — Today, Huawei hosted a summit on the topic “New Value Together” as part of the Huawei Global Analyst Summit 2021. Together with more than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives, Huawei shared its insights on industry trends and the applications of solutions in specific industry scenarios, helping customers from all kinds o...

Speaking to analysts in Shenzhen at Huawei's 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 companies in other industries, such as the automotive sector, have been forced to temporarily shut down...