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Huawei focusing on cloud business which still has access to U.S. chips: FT

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Chinese telecoms equipment maker Huawei Technologies Co Ltd is focusing on its budding cloud business, which still has access to U.S. chips despite sanctions against the company, to secure its survival, the Financial Times newspaper reported.

Huawei’s cloud computing business sells computing power and storage to companies, including giving them access to artificial intelligence, and has been growing rapidly, the newspaper reported on Sunday, citing sources.

In January, Huawei put the unit on an equal footing with its smartphones and telecoms equipment businesses, the FT reportedThe unit was stepping up its offerings and Beijing will increasingly support the company through public cloud contracts, according to the report. The administration of U.S. President Donald Trump has restricted technology exports to Chinese companies in particular, notably Huawei, citing national security risks.

 

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HW's story might sound an alarm to the high-tech companies outside the US, prepare themselves, the US is never a friend, it's a bully with the biggest stick in hand.

Why the loophole? realDonaldTrump GOP TomCottonAR marcorubio mikepompeo SecPompeo

Inb4 BrendanCarrFCC is mandated to make a statement about the scary Chinese

emmmh, it's Huawei's doomsday

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