Huawei reportedly said it has developed its own chip design tools, a move aimed at side-stepping U.S. sanctions and making the Chinese technology giant more self-sufficient in the semiconductor space. Eric Xu, rotating chairman at Huawei, said the company along with other domestic firms, jointly created electronic chip design tools required to make semiconductors at 14 nanometers and above, according to a speech obtained by Chinese financial and business publication Yicai.