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Huawei crackdown

Huawei says US crackdown will create 'challenges' for chip development

Rotating chairman says AI road map on track despite likely $10bn hit to handset revenue

Huawei Rotating Chairman Eric Xu shows of the company's advanced Ascend 910 chip in Shenzhen on Aug. 23. (Photo by Lauly Li)

SHENZHEN/TAIPEI -- The U.S. crackdown on Huawei Technologies may hinder the company's chip development efforts in the future, the Chinese tech giant said on Friday, acknowledging for the first time that it has lost access to the world's two top chip design tool providers.

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