A chip by Huawei’s subsidiary HiSilicon is displayed at the Huawei China Eco-Partner Conference in Fuzhou, Fujian province, China. File photo/ Reuters
Huawei subsidiary Hisilicon said that it had long been anticipating the possibility that the firm could one day be unable to obtain chips and technology from the United States and had prepared to soften any impact.
Hisilicon, which mainly produces chip designs for its Chinese parent's equipment, made the comments in letters issued from the company's president's office that were published in Chinese state media on Friday. Huawei confirmed the authenticity of the comments to Reuters.
The United States on Wednesday banned Huawei from buying U.S. technology without special approval.
US FedEx Corp on Friday again apologised and blamed Washington’s ban on Huawei for being “unclear” as Beijing deepened an investigation into why the delivery firm was holding up packages meant for the telecoms equipment maker.
China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.
European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China’s Huawei Technologies offset a slightly more positive tone on trade.
Air pollution in Singapore, caused by the forest fires in Indonesia, on Sunday reached hazardous levels.
Hong Kong police stormed into a shopping mall in Sha Tin on Sunday after protesters smashed the rail station. The station was closed to passengers.
The truck was coming down an incline when the driver lost control in Huashi town in Hunan province, the county police said in a statement on their official microblog.
Sheikh Khalifa Bin Zayed, Sheikh Mohammed Bin Rashid, and Sheikh Mohamed Bin Zayed dispatched similar messages to Prince Mohammed Bin Salman Bin Abdul Aziz, the Crown Prince, Deputy Prime Minister and Minister of Defence of Saudi Arabia.