EconomyLens.com
No Result
View All Result
Sunday, May 10, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Huawei founder says chips still lag ‘one generation’ behind US

Natalie Fisher by Natalie Fisher
June 11, 2025
in Tech
Reading Time: 4 mins read
A A
0
22
SHARES
272
VIEWS
Share on FacebookShare on Twitter

Huawei founder Ren Zhengfei said the US had 'exaggerated' Huawei's achievements. ©AFP

Beijing (AFP) – Chinese tech giant Huawei’s chips still “lag behind the United States by one generation”, state media quoted its founder and CEO Ren Zhengfei as saying in a rare interview on Tuesday. Washington last month unveiled fresh guidelines warning firms that using Chinese-made high-tech AI semiconductors, specifically Huawei’s Ascend chips, would put them at risk of violating US export controls.

Related

AI use surges globally but rich-poor divide widens, Microsoft says

Europe’s first commercial robotaxi service rolls out in Croatia

Pyongyang calling: North Korea shows off own-brand phones

Musk vs OpenAI trial enters second week

No ‘meaningful’ shift from social media sites after Australia teen ban: govt report

The Shenzhen-based company has been at the centre of an intense standoff between the economic supergiants after Washington warned its equipment could be used for espionage by Beijing, an allegation Huawei denies. Speaking to the People’s Daily, the official newspaper of the ruling Communist Party, 80-year-old Ren insisted the United States had “exaggerated” Huawei’s achievements.

Tougher controls in recent years have prevented US chip giant Nvidia, one of Huawei’s rivals, from selling certain AI semiconductors — widely regarded as the most advanced in the world — to Chinese firms. As a result, it is now facing tougher competition from local players in the crucial market, including Huawei. Nvidia’s chief executive Jensen Huang told reporters last month that Chinese companies “are very, very talented and very determined, and the export control gave them the spirit, the energy and the government support to accelerate their development”.

But Ren said Huawei was “not that great yet”, according to the article published on the newspaper’s front page Tuesday. “Many companies in China are making chips, and quite a few are doing well — Huawei is just one of them,” he added. When asked about “external blockades and suppression” — a veiled reference to US export restrictions on Beijing — Ren said he had “never thought about it”.

“Don’t dwell on the difficulties, just get the job done and move forward step by step,” he added. Sanctions since 2019 have curtailed the firm’s access to US-made components and technologies, forcing it to diversify its growth strategy. China has accused the United States of “bullying” and “abusing export controls to suppress and contain” the country’s firms.

© 2024 AFP

Tags: Chinahuaweisemiconductors
Share9Tweet6Share2Pin2Send
Previous Post

Paris tech fair opens with AI and trade war in the spotlight

Next Post

Nvidia marks Paris tech fair with Europe AI push

Natalie Fisher

Natalie Fisher

Related Posts

Tech

Samsung Electronics posts record quarterly profit on AI boom

April 29, 2026
Tech

Google-parent Alphabet soars as Meta stumbles over AI costs

April 30, 2026
Tech

‘I literally was a fool’: Musk grilled in OpenAI trial

April 29, 2026
Tech

OpenAI facing ‘waves’ of US lawsuits over Canada mass shooting

April 29, 2026
Tech

An experimental cafe run by AI opens in Stockholm

April 28, 2026
Tech

Pentagon makes deal to expand use of Google AI: reports

April 29, 2026
Next Post

Nvidia marks Paris tech fair with Europe AI push

Trump touts 'done' deal with Beijing on rare earths, Chinese students

UK hands health service major spending boost

US inflation edges up as Trump tariffs flow through economy

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Macron arrives in Kenya ahead of Africa summit

May 10, 2026

Oil giant Saudi Aramco says quarterly profits up as crude prices surge

May 10, 2026

Soaring energy profits reignite calls for windfall tax

May 10, 2026

UK’s Starmer vows to ‘listen to voters’ after election drubbing

May 9, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.