Mei said that although the ban will have certain impac

Mei said that although the ban will have certain impac

mpacts on Huawei, the Chinese telecom company has already prepared options to deal with the problem.

A recent report by Dongxing Securities said the US ban on Huawei will foster dem

and for manufacturing independent and controllable semiconductor components in China.

“We see remarkable room for growth in the next-generation 5G and consumer electronics products in the future,” the report sa

id. “As the US has imposed restrictions on Huawei’s purchases of US technology, some major domestic chi

pmakers will step in to offer the supply. As their market share grows in the future, they will gradually be able to g

ain core capabilities and increase their presence globally amid the fierce competition.”

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