Huawei reportedly building chip plant in Shanghai to beat US sanctions

Next > Huawei reportedly building chip plant in Shanghai to beat US sanctions Trade sanctions imposed on Huawei has reportedly left the Chinese tech giants no choice but to build its own chip plant to manufacture its own processors. According to reports, the plant will be based in Shanghai and it will be run by Shanghai IC R&D Center, a chip research company funded by the Shanghai Municipal government. The plant could be vital to Huawei’s survival especially after the company’s stockpile of imported chips run out. However, since Huawei has no experience in fabricating its own chips, it is…