Yu Chengdong, CEO of Huawei's consumer business, said recently that it is now obvious that the U.S. national security claim is just a joke. According to him, Huawei is simply a major threat to U.S. technological hegemony, and that's what matters. According to Chinese media reports, Yu Chengdong has an article entitled "United States Attorney General Barr Speaks in a Think Tank: Why the United States Must Hang Huawei? ". The article notes that in his speech, Barr explained the roots of the U.S.’s move against Huawei – the unprecedented challenge for the U.S. and the leadership of Huawei in 5G space.
Yu Chengdong – his technological hegemony that counts
Yu Chengdong retweeted the article and commented: “To be honest, so-called national security is just an excuse. It is the threat to his technological hegemony that counts! “
William Barr said it will dominate the global 5G layout and applications for the next five years. The question is whether the United States and our allies can start enough competition against Huawei in this window to hold and occupy sufficient market shares, to maintain a long-term and strong competitive position and not to lose dominance over China. Time is running out and we and our allies must act quickly.
After Huawei was added to the list of companies on May 16 last year, on May 15 this year, the US Department of Commerce announced restrictions on Huawei's use of US technology and software for design and manufacture of semiconductors outside the US This means that the US will continue to block the Huawei chip supply chain.
The main objective of this new rule is TSMC, which is responsible for most of the Kirin chips from Huawei. Obviously, the initial ban didn't have as much of an impact as the US had hoped. Now it seems to be a question of completely shutting down the Chinese production giant.