Huawei calls US move to curb chips supply ‘arbitrary’, expects business impact

Huawei Technologies in its first official response to the Trump administration’s move to curb its access to global chip supplies called it “arbitrary” and said its business would be impacted.
“We expect that our business will inevitably be affected. We will try all we can to seek a solution,” Chairman Guo Ping read from a statement to Huawei’s annual global analyst summit on Monday.
Guo said Huawei was committed to complying with U.S. rules and it had significantly increased R&D and inventory to meet U.S. pressures.