News Snapshot:
BEIJING • Huawei Technologies plans to build a chip plant in Shanghai without using American technology, as China's biggest tech company in terms of sales seeks a new strategy to overcome increasingly tight US sanctions, the Financial Times reported. The fabrication facility is expected to start with the manufacture of low-end 45 nanometer (nm) chips, the paper said yesterday, citing people familiar with the project. Huawei aims to make 28nm chips for Internet of Things devices by the end of next year, and produce 20nm chips for 5G telecommunications equipment by late-2022, the report said. Huawei, the world's largest telecoms...
