Domestic Chips in Huawei Mate 60 Pro Boost Chinese Chip Stock Prices

Despite over four years of relentless sanctions from the U.S., Huawei has not only survived but also continued to grow, with more than 10,000 smartphone components produced in China.

Credit: Visual China

Credit: Visual China

BEIJING, September 5 (TMTPost) - Domestic chip stocks in the A-share and Hong Kong stock markets surged on Monday. Among them, the leading semiconductor foundry, SMIC International (00981.HK), continued to rise in the afternoon session, with an intraday gain of 11.68%, closing at HKD 21.85 per share, with a trading volume exceeding HKD 2.3 billion. SMIC International's A-share also rose by 4.5% on the same day. O-film (002456.SH) rose by 2.98% to close at CNY 5.87 per share, and the leading storage chip manufacturer, Zhaoyi Innovation (SHA: 603986), saw a daily gain of 2.43%, closing at CNY 96.80 per share.

After several days of online discussion, on the evening of last Sunday, China Central Television (CCTV) News Channel and Xinwen Lianbo, a daily news program produced by CCTV, disclosed in a 2-minute video that the Huawei Mate 60 series, which is currently selling well, uses Chinese-made chips, and more than 10,000 components were made in China.

Many netizens have hailed the performance of this series, because the chips used in this smartphone series provide endless possibilities. Despite over four years of continuous pressure from the U.S., Huawei has not only survived but also continued to grow, with more than 10,000 smartphone components now produced in China. However, the video released by CCTV did not reveal specific information about domestic chip manufacturers.

Last Saturday, another program on CCTV-4 channel stated that since the launch of the Mate 60 Pro, it has been selling well, bringing more hope to the besieged Chinese technology industry. Experts believe that China's semiconductor industry has broken through the blockade, and it is only a matter of time before it flourishes. However, regarding the most anticipated chip-related issue, Huawei has not yet disclosed any information.

Since May 2019, the U.S. has imposed multiple sanctions on Huawei, prohibiting U.S. companies from selling related technologies and products to it. In 2020, the U.S. government issued two additional sanctions against Huawei, requiring semiconductor foundries that use American technology to obtain permission from the U.S. government before manufacturing chips for the company. Starting from September 15 of that year, several chip manufacturers, including TSMC, stopped supplying Huawei. Initially, Huawei relied on the Kirin 9000 chips it acquired before the supply interruption to release the Mate 40 series and the foldable Mate X2 5G smartphones. However, after exhausting its inventory, Huawei had to switch to 4G chips, and its smartphone sales plummeted. According to market research data, it held an 18% share of the global smartphone market in 2019, ranking first globally, but the market share plunged to 2% in 2022.

Since the beginning of 2023, Huawei's smartphone shipments have picked up, especially since the launch of the Mate 60 Pro.

The Huawei Mate 60 series officially went on sale through all channels last Sunday. According to Huawei's official store, the starting price for the Mate 60 is CNY 5,999 per unit, and the Mate 60 Pro starts at CNY 6,999 per unit. Last Tuesday, Huawei started pre-sales of the Mate 60 Pro with its "HUAWEI Mate 60 Pro Pioneer Program," marking the first time the company has implemented a "sale before release" strategy for its flagship smartphones.

Huawei claims that the Mate 60 series is the "most powerful Mate smartphone ever" and the world's first mainstream smartphone to support satellite calls. Even without ground network signals, it can make and receive satellite calls. The new device also uses the HarmonyOS 4.0 operating system and integrates Huawei's PanGu artificial intelligence model. In terms of durability, the phone uses highly reliable glass, doubling its drop resistance and increasing its compression resistance tenfold.

However, as of now, Huawei has not disclosed any information about the smartphone's chips or whether it is a 5G-enabled device.

According to a video cited by CCTV, the Mate 60 Pro smartphone does not have any 5G markings, but its download speed exceeds 200-500 Mbps (megabits per second), while 4G typically has a maximum download speed of 100 Mbps.

After being tested with software, the Huawei Mate 60 Pro is found to be equipped with the Kirin 9000s chip with 8 cores and 12 threads. Geekbench scores indicate that the peak performance of this chip falls between the MediaTek Dimensity 8100 and the Qualcomm Snapdragon 7+ Gen 2 (with the possibility of some cores being locked).

CCTV News pointed out that during the four years of supply disruption, Huawei has increased its efforts in independent research and development and made significant breakthroughs in various technologies, including chip manufacturing, through cooperation with Chinese companies. Huawei's founder and CEO Ren Zhengfei stated in March of this year that Huawei completed the development of over 13,000 components and replaced more than 4,000 circuit boards in just three years.

Yu Chengdong, Huawei's Executive Director and CEO of the Consumer Business Group, stated at an August press conference that the HarmonyOS ecosystem had experienced a challenging four years but had already overcome many obstacles.

Guotai Junan Securities's research report suggests that the official launch of the Huawei Mate 60 Pro is expected to lead to a significant increase in Huawei smartphone sales, benefiting the entire Huawei-related supply chain. The Mate 60 Pro's new features and Huawei’s continuous technological advancements are expected to boost performance for the company's supply chain. It could be the first to emerge from the industry's cyclical downturn.

According to an official announcement from Huawei, the company is expected to officially launch multiple hardware and software products, including the Mate 60 series, in Shanghai on September 12.

The video from CCTV states, "Huawei's breakthrough shows that there is great potential in independent innovation. Self-reliance and self-improvement in technology will bring a bright future. We firmly believe that the future of China is promising."

(Note:1 yuan equals HK$ 1.07)

(This article was first published by TMTPost App. Reporting by Lin Zhijia and editing by Ma Jinnan.)

本文系作者 neo_english 授权钛媒体发表,并经钛媒体编辑,转载请注明出处、作者和本文链接
本内容来源于钛媒体钛度号,文章内容仅供参考、交流、学习,不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里

敬原创,有钛度,得赞赏

赞赏支持
发表评论
0 / 300

根据《网络安全法》实名制要求,请绑定手机号后发表评论

登录后输入评论内容

快报

更多

18:08

俄央行将外币现金提取限制措施再延长半年

18:06

华灿光电:针对MicroLED在光通信等扩展领域的应用,目前仍处于早期研发和样品验证阶段

18:01

方大炭素:拟使用自有资金购买理财产品,总额度不超过16亿元

18:00

上期所:修订案及升贴水设置自2026年3月17日从铅期货PB2703合约开始实施

17:59

Meta智能眼镜曝隐私风险,用户AI互动画面会被第三方查看

17:58

本周多晶硅价格较大幅走跌,市场看空情绪逐渐加强

17:56

东阳光:拟取得东数一号70%股权,股票复牌

17:56

携程确认下架被商家诟病的“调价助手”,为OTA行业内首家

17:53

南向资金今日净卖出21.88亿港元,阿里巴巴-W遭净卖出6.30亿港元

17:51

专家警告:贵金属市场已进入根本性重置

17:50

市场完全消化了欧洲央行今年加息25个基点的预期

17:49

连续6年赤字,德国科隆大教堂将收门票

17:40

郑栅洁:“十五五”时期制造业、服务业每年将创造超1000万个就业岗位

17:39

郑栅洁:“十五五”时期普通高中将增加学位200万个以上

17:38

郑栅洁:“十五五”时期力争将社区养老服务机构和设施覆盖率提高到70%以上

17:38

郑栅洁:“十五五”规划纲要草案中 民生福祉类指标占比最高

17:36

WTI原油升破83美元/桶,创2024年7月以来新高

17:34

卡塔尔警告海湾出口国或集体停产,油价或涨至150美元/桶

17:31

吴清:严查严处蹭热点、炒概念、搞操纵等行为

17:30

吴清:深化细化高频量化交易监管,依规则限制过度投资

扫描下载App