Guo Ping, Huawei Rotating Chairman, has stated that the company has sufficient semiconductor inventory to build telecom base stations. The senior executive made the statement during a press conference at Huawei Connect 2020.
According to TheElec report, this is the first official confirmation from the Chinese tech giant that it has stocked up semiconductors last year to better prepare for the US sanctions. For those unaware, the recent reinforcements of regulations against the company have taken effect as of 15th September 2020. Guo Ping also said that the ban made it very difficult for Huawei, as the company used millions of semiconductors a year for its smartphone and telecom operations.
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The senior executive mentioned that the company is looking at methods to overcome its current predicament. Notably, the Chairman said that the company would gladly opt for Qualcomm chips if it received approval from the US. Despite being a big consumer electronics brand, Huawei is also a major telecom equipment and infrastructure provider. In China, the company has worked to build multiple base stations for the latest 5G networking standards as well. The company also recently revealed that it had reached 96 percent of its 500,000 5G base station target for 2020.
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