Huawei chief warns of spike in chip prices - Mobile World Live 12 APR 2021
HUAWEI GLOBAL ANALYST SUMMIT 2021: Huawei rotating chairman Eric Xu (
pictured) highlighted the need to rebuild trust and restore cooperation across the global semiconductor supply chain to bring the industry back on track and avoid rising prices.
Xu called on global leaders to focus on the potential risks of trade restrictions, arguing these disrupted trust in the industry, with more countries worrying about supply chain security.
“In the coming years, higher costs for the semiconductor industry is something we’re pretty sure of. The unwarranted US sanctions undermined our company,” he said, noting the damage has been felt across the sector.
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