Huawei is not going to abandon the development of new semiconductor solutions, or even to reduce the staff of its subsidiary HiSilicon.
The source reports that, despite the sanctions, almost complete withdrawal from the smartphone market and other problems, Huawei is not going to somehow infringe on the work of HiSilicon.
There will be no restructuring or downsizing. This is despite the fact that HiSilicon employs more than 7,000 people, and the company itself is unlikely to be profitable in the coming years. In particular, in the first quarter of this year, HiSilicon earned only 385 million dollars, which is 87% less than a year ago.
Huawei expects that in a few years, Chinese semiconductor manufacturers, independent of American technology, will reach the level where they can meet the needs of HiSilicon, so the Chinese giant does not intend to abandon developments in this area. That is, the new Kirin single-chip systems, if the company does not change the brand, will still see the light of day.
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