Long been preparing for US ban scenario: Huawei's Hisilicon

The United States on Wednesday banned Huawei from buying US technology without special approval.

Update: 2019-05-17 03:55 GMT
Huawei is trying to grow its nascent enterprise service business, a segment accounting for around 10 percent of its revenue, while its smartphone business continues to grow its share in a shrinking global market.

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 US technology without special approval.

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