Huawei’s founder, Ren Zhengfei, stated in a speech posted on Shanghai Jiao Tong University’s transcript that the company has replaced over 13,000 components in their products affected by US trade sanctions with Chinese alternatives and redesigned 4,000 circuit boards in the past three years. He also mentioned that the production of circuit boards has stabilized.Ren Zhengfei, stated in a speech posted on Friday by Shanghai Jiao Tong University that the company has replaced over 13,000 parts in its products hit by US trade sanctions, according to a transcript that Reuters could not independently verify. These remarks gave insight into Huawei’s efforts to recover from the US trade restrictions imposed on the company since 2019, which have cut off Huawei’s supply of chips from US companies and access to US technology tools. The Biden administration also banned the sale of new Huawei equipment in the US.
The reports come after analysts said that Huawei showed off 5G telecommunications equipment at an industry conference in Barcelona in which all of the chips on its circuit boards had their origins obscured.