On the Huawei World Analyst Convention 2021 in Shenzhen yesterday, Huawei’s rotating chairman Xu Zhijun revealed some data concerning Huawei’s chip stock. In response to him, all clients all over the world are “squeezing their sweat for Huawei”. With the corporate set to unveil the Huawei P50 sequence, many can't assist however ask a vital query. How lengthy can Huawei’s chip stock maintain the corporate?
Xu Zhijun stated, to start with, Huawei’s chip stock can assist the corporate to dwell longer. He additional stated that Huawei is a big semiconductor procurement firm, and China is a large chip market. “There could also be many firms in China which can be frightened that they are going to be like Huawei sooner or later. With such a big demand, I consider that some firms will make investments and discover methods to satisfy the wants of Huawei and different home firms within the chip area. I consider at the present time will come”.
From his statements, it seems that Huawei just isn't releasing smartphones for enterprise presently. The corporate is releasing these gadgets to remain afloat. Huawei merely needs to outlive and never releasing any cellphone inside a 12 months will kill the corporate’s smartphone enterprise.
Huawei won't depart the U.S. entity checklist anytime quickly
In response to Xu Zhijun, the US restrictions on Huawei have undermined the belief system of the worldwide semiconductor business chain. It is usually inflicting panic stocking by world firms. That is finally resulting in world semiconductor provide shortages.
Huawei believes that nobody can predict how the market will transfer sooner or later. It's because there are such a lot of uncertainties that firms have to deal with. Huawei’s resolution to this downside is straightforward “rebuild world belief and restore cooperation within the world industrial chain”. Nonetheless, who will take up the accountability for this? That’s a query that begs a solution.
Moreover, Xu Zhijun stated that Huawei won't depart the U.S. entity checklist anytime quickly. He claims that Huawei is conscious of this and the corporate has plans in place. Huawei’s general technique now revolves round how Huawei develops below the entity checklist.
Xu Zhijun stated that Huawei’s aim in 2020 is to outlive. In 2021, the aim stays the identical – to outlive. He stated “We hope that this 12 months we nonetheless have time to consider it and see if we will dwell higher. After checking, we discovered that there's nonetheless hope for survival, however we hope to dwell higher”.