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also said it is delaying its launch of Huawei’s 5G smartphones.
Jia Mo, an analyst at Singapore-based market research company Canalys, said the delayed prod
uct releases in certain markets will harm Huawei
business, but Huawei is working on its ow
n mobile operating system, which can help relieve some pressure in the domestic market.
On Thursday, in response to media reports t
hat UK chip fir
m Arm Holdings told its staff to suspend dealin
gs with Huawei, Ren Zhengfei, CEO of Huawei, said in an interview with Chinese
a website Caixin that his co
mpany has acquired a permanent licensing of the ARM architecture, the basis for Huawei to design its chips.
Arm China also said in a reply to China Daily th
at “we are in a
munication to find appropriate solutions that comply with current laws and regulations”.