Business

Huawei's president hopes that "normality" returns to the chip market

Brussels, Jul 9 (EFE) .- The president of Huawei, Liang Hua, said in a telematic interview with EFE that he hopes that the semiconductor industry "can return to normality", given the global crisis that the sector is suffering largely due to chip shortages during the pandemic and hitting tech companies squarely.FOOTAGE AND SOUNDBITES FROM THE INTERVIEW WITH THE PRESIDENT OF HUAWEI, LIANG HUA.TRANSLATION "Huawei wants to contribute to the green transition plan that Europe has just launched.""Since the United States has announced several rounds of sanctions against our company, our smartphone business has been greatly affected." "Because trust has been damaged in the semiconductor industry, different regions and countries are planning to make these chips. We have seen the plans announced by Europe and we have also seen similar movements from Korea, Japan and also China. With these plans we can expect that production capacity will increase in the future. " "We have seen that Europe plans to develop the semiconductor industry. We hope that Europe can continue to advance its own semiconductor plan." "As we know, the semiconductor industry flourished and innovated thanks to the cooperation between companies in this sector. We hope that in the future the semiconductor industry can return to normal and that trust between companies will be rebuilt based on open cooperation "."Huawei expects to see open, liberal and inclusive policies in place in Europe. If we operate under these policies we will continue to provide good services for our European customers and partners." "It is the countries that will have to decide which provider they want to use for the 5G network. So far there are a few countries that have chosen Huawei as a provider for their 5G network. For customers who have chosen us, we will do our best to offer them better services, so that telecom customers can provide equally good services to end users. Huawei would like to help European customers achieve better communication networks as well as promote digital transformation. " "Spain is one of our most important markets in Europe. Despite the pandemic, we were able to show our products at the Mobile World Congress in Barcelona in June."