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Huawei Launches New A.I. Chip As Company Enters ‘Battle Mode’ To Survive

August 23, 2019

Via: Fortune

Huawei is adjusting to a new normal—launching products while in limbo over its status on the U.S. “foreign entities” list.

On Monday, the Department of Commerce (DoC), which put Huawei on its prohibitive blacklist in May, issued Huawei a second 90-day reprieve on the ban, permitting U.S. companies to supply the Chinese tech manufacturer with vital components.

But at a product launch today, Huawei Rotating Chairman Eric Xu told journalists the company is assuming its place on the list may be permanent.

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