Huawei Technologies’ Rotating Chairman, Mr. Ken Hu, issued a statement on April 16th, 2019, that Huawei did not negotiate the 5G chipset supply deal with Apple, as it was speculated. The statement was issued at the annual analyst summit held in their headquarters, in Shenzhen, China. This statement was made due to Ren Zhengfei’s announcement on CNBC, made earlier, that Huawei was, as he said it, ‘open’ for selling Apple their 5G chips.
Hu firmly denied the previous announcement, saying: “We have not had discussions with Apple on this issue.”
He continued by elaborating that Huawei already made forty contracts for the 5G telecom infrastructure earlier in March. All this happened due to the general rumor spread in the US about how using Huawei equipment is inspiring concern and they even threw in the word ‘espionage’.
Washington quickly urged all allies to ban 5G Huawei mobile networks, but Huawei insists that these accusations are unfounded and untrue. Incidentally, Huawei is the world’s leading telecommunications equipment manufacturer and its in-house semiconductor, HiSilicon, is the designer for its products’ chipsets.
Ren Zhengfei, the founder of Huawei, only stated that his company’s official attitude was to be “open to” working with Apple and selling them the modern 5G chipsets, but offered no further elaboration. And, this statement was only made due to the previous denials of Huawei about allegedly becoming a competitor chip vendor to Intel and Qualcomm.
Huawei’s 5G model named Balong 5000 was launched in January this year and it is the most powerful in the industry. Tiangang, the base station 5G chipset, was also released and the company immediately enjoyed a full 25% increase in their net profit, but further investment cycles balanced their out a bit.