Huawei Replaces 13,000 Parts in Products Hit by US Sanctions, Founder Says
TEHRAN (Tasnim) – Ren Zhengfei, the founder of Huawei Technologies Co. Ltd., revealed that the Chinese tech giant has replaced more than 13,000 parts in its products that were affected by US trade sanctions.
According to a speech transcript posted on Friday by Shanghai Jiao Tong University, Ren stated that Huawei had replaced the 13,000 components with domestic Chinese substitutes over the past three years, and had redesigned 4,000 circuit boards for its products, with the production of circuit boards now stabilized.
Ren's remarks provided insight into Huawei's efforts to recover from US trade restrictions, with the company being the target of successive rounds of US export controls since 2019.
Ren made the comments in a talk to Chinese technology experts on Feb. 24, and the university posted the transcript on its website on Friday.
A US-based Huawei representative declined to comment to Reuters on the matter.
Ren also disclosed that Huawei invested $23.8 billion in research and development in 2022, and said the company had built its own enterprise resource planning system, called MetaERP, to launch in April. Additionally, he stated that Huawei is focusing on being the "underlying computing power platform" of AI.
