Huawei intends to resume business with Korean chip firms amid US ban

A new report states that Huawei plans to revive its ties with South Korean chip firms amid the U.S. ban. One of the company’s officials has recently shed light on this matter, revealing how the tech giant wants to progress in the semiconductor field.

The company’s spokesperson visited the Huawei R&D center in Pudong New Area, Shanghai, on November 29. During his visit, he met the media and responded to some questions related to the firm’s progress in the chipset industry.

He said that Huawei has been facing difficulties in the chip sector since 2019 due to the U.S. sanctions. Although these restrictions have somewhat boosted the Chinese semiconductor development. As of now, they seek new ways and technologies rather than depending on foreign goods or other components.

“Since we cannot procure from outside, we have no choice but to source domestically.”

Notably, the official stated that Huawei is willing to revive its business with South Korean firms for chip growth. He mentioned how Huawei has the best cooperation with South Korea in the semiconductor sector before the ban thing.

“We purchased about $10 billion worth of chips annually from SK Hynix and Samsung. However, since the U.S. sanctions, we can no longer procure semiconductors from them. This has undoubtedly caused losses for Korean companies.” – said Huawei’s spokesperson.

Huawei Kirin chipset (Image Credits: Huawei)

The company’s official further said that if there were no sanctions, Huawei would have purchased advanced Korean products to use in the chipmaking process.

Even though the company is planning new ways to build its chip empire, the renewal of Huawei-Korean firms seems difficult due to Trump’s return.

Regarding Trump’s return, the company’s spokesperson said that it is a hypothetical situation as the initial sanctions period was quite challenging for Huawei.

The official also commented on the company’s 5G infrastructure. Despite restrictions in certain EU member states, Huawei has steady network operations in countries like Germany, Spain, France, and Italy. Though it’s unclear how far the tech giant will maintain this steadiness due to growing US curbs.

Huawei has heavily invested in its R&D centers to strengthen its chip and other products development. The company employs over 207000 workers in its R&D centers and operates it in 170+ countries and regions. The OEM is now focusing on AI-powered devices and 5.5G services for the welfare of its consumers.

Huawei intends to resume business with Korean chip firms amid US ban (Image Credits: Weibo)

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