Foreign media: Under the US ban, Huawei acquired shares in 17 mainland technology companies in one year

Recently, Huawei's Habour Investment has acquired a stake in another semiconductor chip company, Nanjing Core Vision Microelectronics Technology Co., Ltd. According to a report compiled by Reuters based on public information, Habour Investment has completed 17 transactions to acquire stakes in mainland technology companies since August last year.

(Source: Screenshot from Tianyancha)

Faced with increasing regulatory pressure from the United States, Huawei is accelerating its investment in the mainland's technology industry to strengthen its mainland supply chain.

Last week, Huawei's rotating chairman Guo Ping said at the 2020 Huawei Connect Conference that Huawei's core business is connectivity and computing. Due to various suppressions, the company established Habour Investment to help the supply chain. "Huawei is a communications company, not a supply chain company, so we help the industry chain mature through investment and Huawei's technology."

Some analysts, however, believe that these investments may help Huawei in the future, but so far they have done little to address the immediate supply chain gap, which is undermining Huawei's once-thriving smartphone business and could eventually threaten its core network equipment business.

A mainland Chinese chip investor also pointed out, "It will take a long time (to help Huawei)." "But Huawei has no other good options, so they have to turn to external investment."

Huawei declined to comment on the operations of its investment unit.