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Exclusive: Huawei founder urges shift to software to counter U.S. sanctions

4 Min Read
SHENZHEN, China (Reuters) - Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company’s staff to “dare to lead the world” in software as the company seeks growth beyond the hardware operations that U.S. sanctions have crippled.
The internal memo seen by Reuters is the clearest evidence yet of the company’s direction as it responds to the immense pressure sanctions have placed on the handset business that was at its core.
Ren said in the memo the company was focusing on software because future development in the field is fundamentally “outside of U.S. control and we will have greater independence and autonomy”. ....

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Huawei-Changan tie-up expands to include chips

Huawei-Changan tie-up expands to include chips
Huawei-Changan tie-up expands to include chips
Reuters
May 24, 2021
China’s Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of auto-use semiconductors, four sources with knowledge of the matter said.
The two companies, which unveiled their smart car tie-up in November, have been working together informally on chips for the last few months, two of the sources said. A third source said they might soon form a joint venture for chip development. Shares in Changan rocketed higher on the news, closing up 8.5% compared to a 4% decline earlier in the day. ....

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Huawei founder urges shift to software to counter US sanctions | Money

Monday, 24 May 2021 10:58 PM MYT
Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. Reuters pic
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SHENZHEN, May 24 Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company’s staff to “dare to lead the world” in software as the company seeks growth beyond the hardware operations that US sanctions have crippled.
The internal memo seen by Reuters is the clearest evidence yet of the company’s direction as it responds to the immense pressure sanctions have placed on the handset business that was at its core. ....

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Exclusive: Huawei founder urges shift to software to counter US sanctions

Exclusive: Huawei founder urges shift to software to counter US sanctions
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

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Exclusive-Huawei-Changan smart car partnership expands to include chips - sources

Exclusive-Huawei-Changan smart car partnership expands to include chips - sources
By Yilei Sun and Julie Zhu
Reuters
BEIJING/HONG KONG (Reuters) - China s Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of auto-use semiconductors, four sources with knowledge of the matter said.
The two companies, which unveiled their smart car tie-up in November, have been working together informally on chips for the last few months, two of the sources said. A third source said they might soon form a joint venture for chip development.
Shares in Changan rocketed higher on the news, closing up 8.5% compared to a 4% decline earlier in the day. ....

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