Huawei Founder Tells Xi Concerns Over Chips Eased

Huawei founder Ren Zhengfei informed President Xi Jinping during a recent meeting with top Chinese entrepreneurs that concerns regarding China's domestic chip and operating system shortages have diminished. Ren emphasized that the nation's reliance on foreign technology is decreasing and expressed confidence in China's rapid technological ascent. This meeting, attended by industry leaders including BYD's Wang Chuanfu and Xiaomi's Lei Jun, showcased a collective optimism about overcoming challenges posed by U.S. sanctions. The discussions also highlighted the progress in China's electric vehicle sector and the overall improvement in the tech landscape. The phrase 'lack of core and soul,' referring to semiconductors and operating systems, was reiterated as a concern that is being addressed. This gathering underscores China's commitment to achieving technological self-reliance amidst ongoing global tensions.