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Huawei Focusing on Cloud Business That Still Has Access to US Chips Despite Sanctions: Report

Juliet Woodard by Juliet Woodard
August 31, 2020
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Chinese telecoms equipment maker Huawei is focusing on its budding cloud business, which still has access to US chips despite sanctions against the company, to secure its survival, the Financial Times reported.Huawei’s cloud computing business sells computing power and storage to companies, including giving them access to artificial intelligence, and has been growing rapidly, the newspaper reported on Sunday, citing sources.In January, Huawei put the unit on an equal footing with its smartphones and telecoms equipment businesses, Financial Times reported.The unit was stepping up its offerings and Beijing will increasingly support the company through public cloud contracts, according to the report.The administration of US President Donald Trump has restricted technology exports to Chinese companies in particular, notably Huawei, citing national security risks.© Thomson Reuters 2020Which are the best truly wireless earphones under Rs. 10,000? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Juliet Woodard

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