Chinese chip stocks rally after Huawei's launch of the Mate 60 Pro phone, with investors speculating that it could be using a 5G capable chip, potentially benefitting China's local semiconductor sector.
Huawei and China's top chipmaker SMIC have developed an advanced 7-nanometer processor for the new Huawei Mate 60 Pro smartphone, marking progress in China's domestic chip ecosystem and a challenge to U.S. restrictions on Huawei's access to chipmaking tools.
The launch of Huawei's new smartphone raises questions about global technology and control of the future, as the Chinese company unveils a smartphone powered by an advanced chip, potentially challenging US efforts to block China from acquiring cutting-edge computer chips.
China has defied US-led export restrictions by producing a 5G smartphone, Huawei's Mate 60 Pro, using an advanced silicon chip made by Semiconductor Manufacturing International Corp (SMIC), indicating progress in China's efforts to build a domestic chip ecosystem.
Huawei's Mate 60 Pro is making a comeback in the Chinese smartphone market, but analysts believe its chances of competing with Apple and Samsung globally are slim due to the lack of popular apps like Google Maps and the impact of US sanctions.
The US government is seeking more information about the Huawei Mate 60 Pro smartphone, particularly its advanced chip, to determine if American restrictions on semiconductor exports were bypassed.
The recent unveiling of Huawei's Mate 60 Pro smartphone, powered by the Kirin 9000s chip, has sparked debates about its significance in the US-China technology cold war.
Huawei has released two new smartphones, the Mate 60 Pro+ and the Mate X5 foldable, both of which are believed to be 5G devices powered by Huawei's own Kirin 9000S chip, indicating the company's confidence in its chip yield despite US sanctions.
Huawei's Mate 60 Pro contains memory chips from SK Hynix, raising questions about how the chips ended up in the device and whether any laws were violated.
Huawei has released its latest flagship phones, the Huawei Mate 60 series, featuring a three-hole Dynamic Island cutout in the display, challenging Apple's design choices for the upcoming iPhone 15 Pro.
The U.S. government is investigating how Huawei and SMIC managed to create 7nm Kirin 9000S 5G chipsets in violation of American sanctions, while Foxconn workers assembling the Huawei Mate 60 Pro in China are paid 19.2% more than those assembling the iPhone.
Huawei unveiled several new products, including a tablet, smart TV, and ear pods, but remained silent on its breakthrough Mate 60 Pro smartphone powered by a home-grown chip, seen as a significant step toward China's tech self-sufficiency.
Huawei disappoints fans and US officials at a recent product launch event by not discussing its flagship Mate 60 Pro smartphone, raising further concerns and calls for sanctions against the Chinese tech giant.
The mystery behind the Kirin 9000s chipset used in the Huawei Mate 60 Pro has potentially been solved by a tipster, suggesting that it is actually a rebranded 5nm Kirin 9000 chip made by TSMC three years ago, not SMIC, as previously believed.
The smartphone market is showing signs of recovery, with only a 1% decline in Q3 2023, but vendors should remain cautious due to geopolitical uncertainties and ongoing adjustments in sales channels and component inventories, according to a report by Canalys. Samsung maintained its position as the market leader, followed by Apple, while Xiaomi and Transsion experienced success in emerging markets. Huawei also made a strong comeback with the release of the Mate 60 series, although its availability is currently limited to China.
Huawei has sold 1.6 million of its Mate 60 Pro handsets in six weeks, defying the smartphone slowdown and enjoying strong demand amidst the launch of the iPhone 15, according to Counterpoint Research.
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