Huawei Focusing on Cloud Business That Has Access to US Chips: Report

Chinese telecoms gear maker Huawei is focusing on its budding cloud enterprise, which nonetheless has entry to US chips regardless of sanctions towards the corporate, to safe its survival, the Financial Times reported.

Huawei’s cloud computing enterprise sells computing energy and storage to firms, together with giving them entry to synthetic intelligence, and has been rising quickly, the newspaper reported on Sunday, citing sources.

In January, Huawei put the unit on an equal footing with its smartphones and telecoms gear companies, Financial Times reported.

The unit was stepping up its choices and Beijing will more and more help the corporate by way of public cloud contracts, in accordance to the report.

The administration of US President Donald Trump has restricted know-how exports to Chinese firms specifically, notably Huawei, citing nationwide safety dangers.

© Thomson Reuters 2020

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