(Yicai Global) May 22 -- German chipmaker and semiconductor manufacturer Infineon will continue to ship "the great majority of products" to Chinese tech giant Huawei, the company said in a statement to Xinhua.
Infineon specifically denied a report by Japanese media outlet Nikkei Asian Review, which said the German company "has suspended shipments to Huawei."
"In any market where Infineon operates, we fully complies with all applicable legal requirements, laws and regulations," the company said in the statement, adding that it "undertakes every measure that is required to ensure reliability in meeting our customers' demands."
"As of today, the great majority of products Infineon delivers to Huawei is not subject to U.S. export control law restrictions, therefore those shipments will continue," Infineon said.
"We have a set of measures in place to thoroughly monitor any possible changes in the legal frameworks of our respective markets, enabling us to make adaptions in our international supply chain," it said. "This enables us to make efficient and proactive adjustments supporting our ability to deliver wherever possible."
Infineon is a market leader in semiconductor solutions. In the 2018 fiscal year, its sales amounted to 7.6 billion euros (about 8.48 billion U.S. dollars) with about 40,100 employees worldwide.