Earlier this year, the US government had proposed actions that could potentially hamper Huawei‘s operations globally by limiting chip supplies to the Chinese tech giant. Now, the company in the Huawei Analyst Summit 2020 event officially responded to these recent sanctions, stating that it could affect various global industries apart from just Huawei.
During the conference which was streamed online, officials stated that the company had complied with all government rules and regulations with the original trade ban back in 2019. However, the recent sanctions that are directly against the company have made Huawei actively oppose the amendments made by the US Department of Commerce. Furthermore, these sanctions could also be used to pressure other industries as well.
Huawei officials said that the US government has proceeded with such measures despite negative feedback and concerns expressed by “many companies and industry associations.” Rather, these actions can also be used to “undermine” industries worldwide, including more than 3 billion Huawei users. According to Huawei, the actions may hamper its expansion, maintenance, and operations in more than 170 countries.
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This move will seek to interrupt a network chain worth hundreds of millions of dollars and could have a serious impact on a wide range of industries across the globe. Huawei called out the United State’s bullying attitude stating they are taking advantage of their “own technological strengths in an attempt to crush industries outside its borders.” In other words, undertake discriminating policies against foreign multinational corporations.
The US sanctions that have limited chip supply from TSMC to Huawei could have far reaching implications. The company believes that this move can damage the “trust and collaboration” with the semiconductor industry, which is an integral part of various other industries as well. They also added that in the long run, these actions might hurt the US itself by creating a distrust in foreign companies that may not deal with “US technologies or supply chains” in the future due to sanctions like these.
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