Huawei has reportedly reached more than 13,000 parts in its products that were affected by US trade sanctions. This was made known from a translated lecture made by the founder of Huawei Technologies at a Chinese university.
According to a February address by Huawei CEO Ren Zhengfei, the business has redesigned 4,000 circuit boards. They have also replaced 13,000 components with Local equivalents during the past three years. The lecture’s transcript has been uploaded by Shanghai Jiao Tong University.
He stated that the amount of PCBs produced had “stabilized.”
The comments, shed light on Huawei’s efforts to recoup from the effects of U.S. trade restrictions. Since 2019, the US has imposed multiple waves of restrictions on Huawei, a leading provider of 5G telecommunications network equipment.
These limitations stopped Huawei from acquiring semiconductors from American companies and exploiting American technology to construct its own processors, which were then outsourced to contract manufacturers.
In 2016, the Biden administration similarly restricted the sale of brand-new Huawei equipment in the United States.
According to the university, Ren made the remarks at a February 24 address to Chinese technology experts. On Friday, the transcript was released to the university’s website.
As our profitability improves, we will continue to increase R&D spending,” Ren said of Huawei’s R&D expenditures of $23.8 billion in 2022.
The ERP system, dubbed MetaERP by the company’s creator, was created internally. It will be released in April and aid in the management of the company’s finances, supply chain, and manufacturing.
While Ren indicated that Huawei had no plans to create a competition to the wildly successful broad language model AI ChatGPT, he did state that Microsoft Corp the supporter of the application’s developer OpenAI, would not be the only market leader.
