Huawei, the big-name Chinese tech company that seems to be a thorn in the U.S. government's side, is on the headlines again, but not in the way people might think.
A South China Morning Post report reveals that a lot of other developed countries don't really consider Huawei as concerning. The Overseas Development Institute, a group based in London, notably stated that a certain policy involving Chinese investment in tech infrastructure isn't yielding anything positive as of the moment, despite fears that the company's infrastructure could pose a massive spying risk.
It seems like not a lot of things are stopping the Chinese tech giant from making even greater waves in Western (and maybe even global) space, which has fueled speculation over the years. But France allowing the company to build a multi-billion-dollar manufacturing plant right in its wheelhouse seems like more than enough proof that the West is more than willing to open its doors.
U.S. To Blame for the Massive Chip Shortage?
According to Huawei, yes. The global chip shortage that has gripped tech industries all over the world is due to American sanctions against the company. As a result, a lot of tech companies (even Chinese ones) are stockpiling inventory, with most of them having over six months' worth already.
Then again, this is still something that remains to be seen for the foreseeable future. For now, it seems like U.S. fears against Huawei aren't being realized.
Related: HarmonyOS Will Be on Huawei Watch 3, Leak Reveals - What Phones Will Get the Newest Update?
This article is owned by Tech Times
Written by RJ Pierce
