Xu’s comments on 6G came just days before the one year anniversary of the US chip ban targeting the company. On September 15, 2020, the US officially cut off Huawei from all suppliers, whose products contain US technologies, prompting many overseas media to speculate then whether Huawei, which has been reliant upon chip imports, can survive such a ban.

However, Huawei’s business performance this year has exceeded market expectations. In the first half of 2021, Huawei’s sales revenues slumped by 29 percent on a yearly basis, but its net profit increased 9.8 percent compared with a 9.2-percent growth last year.

“The US ban has hurt Huawei’s business to some extent, but has not been able to hurt it fundamentally. Backed by China’s vast market, Huawei managed to maintain its capital, staff team and research capabilities, which I believe will empower the company to push forward next-generation technologies and reinforce its lead in the global telecom industry,” independent tech analyst Xiang Ligang told the Global Times on Sunday.

Good to see them diversifying enough so that the US chip ban isn’t affecting them too much.

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