Huawei is not talking 5G chipsets with Apple: Chairman

Huawei Technologies, was not in talks with Apple Inc about supplying the iPhone maker with 5G chipsets, said Rotating Chairman Ken Hu, at the company’s annual global analyst summit at its headquarters in Shenzhen in southern China on Tuesday.

Earlier, in an interview with CNBC, company’s founder Ren Zhengfei, said that Huawei, which is one of the world’s biggest smartphone makers, was open to Apple for selling fifth generation (5G) chips.

While making remarks that Huawei was not discussing the 5G chips with Apple, Hu reiterated that the company is not in plans of becoming a chipset vendor at the moment and also he is looking forward to rival Apple in the 5G phone market.

Over the past year, Huawei’s outlook remained unclear as the United States raised concerns over the possible use of company’s equipment for spying by Chinese government and urged its allies to shun Huawei from building 5G mobile networks, and company took stance of dismissing the security concerns as these were not proved to be true by any organization or the government, but still, as said Hu, company remained successful securing 40 commercial contracts to build 5G telecommunication infrastructures as of March end. As previously disclosed, there were more than 30 contracts secured by the company.

Though Huawei repeatedly denied of having any intentions of competing with chipmakers like Intel or Qualcomm by becoming chip vendor, but founder Ren Zhengfei’s comments, during an interview with CNBC this week, that Huawei is open to sell its 5G modem chips to Apple, revoked the possibility of Huawei enetering into the chip business.

Huawei, which is also the world’s largest telecommunication equipment maker, holds HiSilicon as its inhouse semiconductor division which designs chipsets to be used in the company’s products.

In January, Huawei launched 5G modem Balong 5000 as well as Tiangang, a 5G base station chipset.

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Maria Wiggins

Written by Maria Wiggins

Maria Wiggins:- News Stories
I am Maria Wiggins and I have over 11 years experience in the Technology industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking.

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