Huawei Builds Largest Research Center In Shanghai: Report
Portfolio Pulse from Shivani Kumaresan
Huawei is nearing completion of its largest research center in Shanghai, focusing on semiconductor advancements despite U.S. sanctions. The center will house 30,000 personnel and cost $1.4 billion. The U.S. has revoked licenses for Huawei to purchase chips from Qualcomm and Intel, impacting these companies.
July 16, 2024 | 12:54 pm
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NEGATIVE IMPACT
Huawei's new research center and upcoming Mate 70 smartphone could increase competition for Apple in the Chinese market.
Huawei's advancements and strong local demand for its smartphones could pose increased competition for Apple in the Chinese market, potentially impacting Apple's market share.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Intel's licenses to sell chips to Huawei have been revoked by the U.S., which could negatively impact Intel's revenue from Huawei.
The revocation of licenses means Intel will lose a significant customer in Huawei, which could negatively impact its revenue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The U.S. has revoked licenses that allowed Huawei to purchase chips from Qualcomm, potentially impacting Qualcomm's revenue from Huawei.
The revocation of licenses means Qualcomm will lose a significant customer in Huawei, which could negatively impact its revenue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80