Shenzhen Ren: Huawei and Broadband Networks

shenzhen ren: Huawei has been preparing for the worst-case scenario if the US completely cuts off supply, and US officials might have underestimated our capabilities, as our advanced sector will not be affected by US sanctions, Huawei founder and CEO Ren Zhengfei told a group interview on Tuesday at the company's headquarters in Shenzhen, according to Global Times China. Ren made the remarks just hours after the US Department of Commerce issued a 90-day temporary license granting operators to make other arrangements and allowing operations to continue for existing Huawei mobile phone users and rural broadband networks. Photo AP While the Huawei crisis has given a boost to the domestic semiconductor industry and made technology self-reliance much more urgent, Chinese industry executives have called for broader global collaboration to guarantee major technological breakthroughs. This temporary license is not that meaningful as we've been well prepared and have kept our core technologies intact, Ren said. Huawei's Plan B also boosted the domestic semiconductor industry, which still lags behind foreign competitors in core technologies and relies heavily on imported chipsets and components. Faced with a US blacklisting, Huawei had activated its backup chipsets, developed by semiconductor subsidiary HiSilicon, in case the US government curbs the company's access to American suppliers. (news.financializer.com). As reported in the news.