For Huawei, the U.S. has upgraded the ban, and it will face a chip outage after September 15, with the mobile phone sector having the biggest impact.
Guo Ping, chairman of Huawei, said that Qualcomm has always been an important partner of Huawei. In the past decade or so, we have been purchasing chips from Qualcomm. I also noticed that Qualcomm said that they were applying to the U.S. government for an export license, and if they did, we would be happy to use Qualcomm chips to make mobile phones. Huawei has a strong chip design capability, and we are willing to help reliable supply chains enhance their chip manufacturing, equipment and material capabilities. Helping them is also helping us.
When asked whether it is possible to make business adjustment by imposing sanctions on Huawei this year, and whether it plans to set the priority of IOT and cloud business higher than that of Huawei's mobile phone business?