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Huawei's chip breakthrough poses new threat to Apple in China — and questions for Washington - TL;DR CNBC

Huawei's chip breakthrough poses new threat to Apple in China — and questions for Washington

Publishing timestamp: 2023-09-19 05:58:56


Summary

Despite U.S. sanctions, Huawei's latest smartphone, Mate 60 Pro, has a chip that supports 5G, sparking concern in Washington. The chip, made by China's SMIC, raises questions about how it was possible without access to critical technologies. The resurgent Huawei could pose a challenge to Apple in China, with the potential for a Huawei resurgence being seen as a bigger threat than geopolitical issues.


Sentiment: MIXED

Tickers: AAPL,  981-HK,  ASML-NL,  2330-TW, 

Keywords: united states,  donald trump,  taiwan semiconductor manufacturing co ltd,  semiconductor device manufacturing,  china,  technology,  business news,  asml holding nv,  politics,  national security,  semiconductor manufacturing international corp,  internet,  defense,  smartphones,  huawei,  apple inc, 

Source: https://www.cnbc.com/2023/09/19/huaweis-chip-breakthrough-poses-new-threat-to-apple-in-china.html


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