Tall chip tale? Huawei's backup plans leave experts unconvinced [Reuters (UK)]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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Source: Reuters
Tall chip tale? Huawei's backup plans leave experts unconvinced - Reuters 6 Min Read SAN FRANCISCO/HONG KONG (Reuters) - Chip experts are calling out Huawei for its claims that it could ensure a steady supply chain without U.S. help, saying the technology the Chinese telecoms network gear maker buys from American companies would be “hard to replace”. The Trump administration officially added Huawei to a trade blacklist on Thursday, enacting restrictions that will make it difficult for the tech giant to do business with American firms, in its latest broadside against the company that U.S. officials have labeled a threat to national security. The head of Huawei’s HiSilicon chip division on Friday shrugged off concerns about disruptions to supply, saying it has long been preparing for this kind of “extreme scenario”. Huawei will aim to be technologically “self-reliant” going forward, He Tingbo said in a letter to staff. But that is easier said than done, industry experts say. “I would be
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SNPS
Earnings
- 2/21/24 - Beat
SNPS
Sec Filings
- 4/18/24 - Form EFFECT
- 4/17/24 - Form 424B3
- 4/12/24 - Form 8-K
- SNPS's page on the SEC website