Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry — Washington’s export controls encouraged Chinese firms to invest in R&D and build their own tech stack competing with American tech
Huawei's chairman expressed gratitude towards U.S. export restrictions on chips, stating that they have significantly boosted China's semiconductor industry. He noted that the pressure from the U.S. has driven Chinese companies to invest in research and development, leading to the creation of competitive technologies. Despite the challenges posed by these restrictions, the momentum for China's semiconductor growth is strong and recognized.
- ▪Huawei's Rotating Chairman thanked the U.S. for export restrictions that pressured Chinese firms to innovate.
- ▪The U.S. export controls have encouraged local companies to develop their own semiconductor technologies.
- ▪Chinese chipmakers are now competing against U.S. firms, despite the challenges of less powerful domestic chips.
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Tech Industry Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry — Washington’s export controls encouraged Chinese firms to invest in R&D and build their own tech stack competing with American tech News By Jowi Morales published 30 May 2026 Was Jensen right all along? When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Huawei) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Huawei’s current Rotating Chairman and Deputy Chairman Xu Zhijun said during an interview that the company is thankful for the pressure that the…
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