By David Kirton and Max A. Cherney SHENZHEN, China/SAN FRANCISCO, California (Reuters) - Huawei Technologies' breakthrough in making an advanced chip ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy David Kirton and Max A. Cherney
The Mate 60 Pro is powered by its proprietary chip Kirin 9000s and manufactured by the country's top contract chipmaker SMIC using an advanced 7 nanometre technology, according to a teardown by Ottawa-headquartered TechInsights. Jefferies analysts said TechInsights' findings could trigger a probe from the U.S. Commerce Department's Bureau of Industry and Security, create more debate in the U.S. about the effectiveness of sanctions and prompt the Congress to include even harsher tech sanctions in a competition bill it is preparing against China.A U.S. Department of Commerce representative did not immediately reply to a request for comment on Tuesday morning.
Some analysts including Jefferies' said there was also a possibility Huawei had purchased the tech and equipment from SMIC to make the chip rather than doing it in collaboration. Reuters reported on Tuesday that China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its chip sector, as the country ramps up efforts to catch up with the U.S. and other rivals.
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