Huawei looks to Samsung and Hynix for stable chip supply

Hanno Labuschagne

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Huawei looks to Samsung and Hynix for stable chip supply

Huawei Technologies Co. has sought high-level assurances from Samsung Electronics Co. and SK Hynix Inc. they will continue to supply memory chips despite mounting pressure from the U.S. to isolate the Chinese telecommunications company, the Korea Economic Daily reported.

The Shenzhen-based company called in senior officials at the two South Korean chipmakers’ Chinese units to ensure a stable supply of the semiconductors regardless of recent U.S. government restrictions, the report said, citing unidentified industry sources.

Representatives for the two Korean companies denied the report on Monday as Samsung said such meetings had not taken place, while Hynix didn’t elaborate.

[Bloomberg]
 
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