SHENZHEN/HONG KONG: The U.S. campaign against China's Huawei is having little impact on the company's sales and it is unlikely many countries will follow the United States in banning Huawei from building next-generation mobile networks, its rotating Chairman Eric Xu said.
Huawei is the world's third-largest buyer of computer chips, many of which come from U.S. companies, and a sales ban would be disruptive to the global tech industry, Xu said. Reuters reporters were invited on Monday to peruse files in Huawei's"share registry room" where it keeps records on tens of thousands of employee shareholders.
Reuters also toured Huawei's new campus in Dongguan, near Shenzhen, that features buildings modeled on European cities including Paris and Heidelberg, connected by a special train imported from Switzerland. Future growth will also come"primarily" from these, Xu said, with sales of equipment to telecom carriers growing at single digit rates.On Huawei's semiconductor operations, HiSilicon, Xu said the unit produced more than US$7.5 billion worth of chips last year. That compares with an estimated US$21 billon of chips that Huawei acquired from outside vendors.
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