According to South Korean media, Huawei officials rushed to meet Samsung executives, Sk Hynix and other Korean technology companies with the goal of maintaining uninterrupted business relationships.
The move comes amid many US technology giants such as Google, Intel, Microsoft or British chip maker ARM. The move of the firms is intended to comply with the decree to put Huawei on the black list of the US government.
Not only putting pressure on American soil, the country also exerted pressure on other allies such as South Korea, Germany or Britain through diplomatic channels to boycott Huawei.
However, South Korea is considering the benefits of ending cooperation and boycotting Huawei. Because China is the country's No. 1 export market and definitely stops cooperating with Huawei at the moment.
However, when the government is considering, Korean technology companies can hardly decide what to be sure of. Estimated last year, Huawei bought a number of components worth $ 10.6 billion from Korean technology companies.
Samsung Electronics and SK Hynix are semiconductor suppliers. Meanwhile, Samsung Display and LG Display provide screen panels. Samsung Electro-Mechanicalics and LG Innotek also offer camera modules for their smartphones.
Also according to Samsung's business report, Huawei is one of the company's five major customers alongside Apple and AT&T. Or as SK Hynix also recorded the majority of donah from selling chips to Huawei.
Analysts are pessimistic about Huawei's future, including its sales and market share in the global market will be severely affected if the US and China cannot find a common voice on the previous negotiating table. when the renewal order ends in August.
Refer to KoreaTimes