Xilinx Inc said it had resumed some sales to Huawei Technologies Co Ltd but fore...
) said it had resumed some sales to Huawei Technologies Co Ltd but forecast current-quarter revenue below Wall Street estimates on Wednesday, citing the impact of U.S. restrictions on selling to the Chinese telecommunications firm.
Company executives did not disclose how much revenue the Xilinx derives from Huawei, but said no single customer accounted for more than 10% of its revenue and that Xilinx has cut its sales expectations for Huawei by more than half. On a conference call, analysts pressed the company on whether Huawei might speed the transition to fully custom chips made by its HiSilicon unit to replace Xilinx’s chips. Peng told analysts he did not think that would happen quickly.
Peng told analysts that the company continues to ship chips to other companies building out networks for 5G, the next generation of wireless data communications, including ZTE Corp , which had previously been the target of U.S. restrictions but has since had them removed.
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