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Huawei crackdown

Huawei blasts latest US crackdown as bid for tech 'supremacy'

Chinese company warns of huge business impact and global fallout from new rules

Huawei says the latest U.S. crackdown on the Chinese comapny "will damage the trust and collaboration within the global semiconductor industry."   © Reuters

TAIPEI -- China's Huawei Technologies on Monday said new U.S. export control rules will have a "huge impact" on its business and blasted Washington's crackdown on the company as an attempt to ensure American tech supremacy.

"I realized that the U.S. has taken technological leadership as the foundation of their supremacy," Huawei Rotating Chairman Guo Ping said in his first public comments since the new rules were announced. "Any other countries or companies with more advanced technologies may put U.S. supremacy at risk. Unfortunately, Huawei is taking the lead in the [internet and communication technology] sector, which is also growing very fast."

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