Huawei will launch new commercial product brand on March 23

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The father of Huawei, Ren Zhengfei made a big revelation about Huawei’s replacement of over 13000 components that has been banned by the U.S. government. The Huawei boss made these remarks in a meeting with Chinese students and experts that helped the company to solve new technical issues after the U.S. ban.

Ren said that Huawei has completed the replacement and development of over 13000 components for its devices after U.S. restrictions. The company also did the same for 4000+ circuit boards over the last three years.

Ren said that Huawei continuously invested money in research of new technologies since 2019. According to information, Huawei spent around 23.8 billion USD in research and development (R&D) and he expects that the company will further increase this amount with growth in the future.

He revealed that Huawei has built its own management system software MetaERP with its own operating system, database, and compiler. Interstingly, MetaERP successfully passed the test of application in Huawei’s various divisions around the globe and the annual settlement test of Huawei’s ledger.

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U.S. sanctions:

In 2019, the U.S. commerce department applied export restrictions on Huawei from purchasing new components. These are used to build network gear and smartphones. It later caused a big loss in business for Huawei in all divisions, especially in the consumer sector.

However, Huawei kept on building new devices with what it could gather and kept doing business with global partners in network technologies.

The firm is researching new carrier tech such as 5.5G, which is way ahead of other equipment makers. Also, Huawei is resurging in market share in the smartphone world with the launch of new phones.

However, a major issue that is causing problems for the tech maker still lies in the semiconductor industry. It needs a big breakthrough for both Huawei and the Chinese tech industry.

Despite challenges, Huawei organized a successful MWC 2023 and unveiled various new technologies that awed the people. Still, there’s a lot more to come from the company in the near future.

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