Huawei, Apple not in Talks over 5G Chipsets

Wibest Broker- Huawei: The front office with logo of the company being displayed.

HUAWEI – On Tuesday, Rotating Chairman Ken Hu said one of the world’s biggest smartphone makers known as Huawei Technologies haven’t had discussions with Apple with regards to providing them with 5G chipsets.

At the headquarters of Huawei in Shenzhen, Southern China, Hu made a remark, while the company’s annual globe analyst summit was held. It was after a news report and Ren Zhengfei founder of the company, broadcasted that it is “open” to selling its fifth-generation chips to Apple.

Huawei reiterated it has no plans into being a chipset vendor but looks forward into becoming Apple’s competition in the 5G phone market. Hu also said, “We have not had discussions with Apple on this issue.”

At the end of March, in building its 5G telecommunications infrastructure, Huawei had 40 secured commercial contracts, above its prior 30 disclosed total, Hu stated.

Over the past years, Huawei’s stand has been uncertain, due to concerns with Chinese government using equipment for surveillance on the United States. The tech giant is also seen to be banned in Washington from building 5G mobile networks. They also encouraged associates to do the same.

Security concerns were dismissed by Huawei as unfounded.

5th Generation System

Wibest Broker- Huawei: A hand is shown and is choosing from the different variety offer of the 5G system.

The company has HiSilicon as its inhouse semiconductor arm, which designs its chipsets that are used in its products. Huawei is also the world’s largest telecommunications equipment maker.

This week, news report told that Ren Zhengfei, Huawei’s founder said, without elaborating, its company is “open to” selling its 5G modem chips to its competition Apple.

Comments rose from Huawei’s repetitive rejections on intending to be a chip vendor like Qualcomm and Intel.

The 5G modem Balong 5000 that Huawei launched in January was said to be the industry’s most powerful, with the 5G base station chipset named Tiangang.

After the revenue from its network equipment business fell 1.3 percent to 294 billion yuan because of telecommunications industry investment cycles, last month the company described a 25 percent rise in net profit in 2018 to 59.3 billion yuan

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