75TECHNOLOGY
⚡ Markets: Demonstrates China's progress in circumventing US tech sanctions, potentially reducing future revenue for US semiconductor equipment makers. Bullish for Chinese domestic tech champions like SMIC, bearish for US suppliers.SMICAMATLRCXASML
Chinese tech firm Huawei has launched a new high-performance Kirin 9050 Pro chip, which it claims is produced without U.S. technology. The chip powers a new triple-folding smartphone, representing a significant step in China's efforts to build a domestic semiconductor supply chain resilient to American sanctions.
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