News Snapshot:
A chip company affiliated with Tsinghua Unigroup emerged in May as the fifth-largest smartphone chip provider in China from nearly ground zero a month earlier, making it an up-and-coming player in the market as Huawei’s chip unit continues to struggle under US sanctions. Unisoc, a subsidiary of Chinese state-backed semiconductor conglomerate Unigroup, climbed into the top five with total shipments of 800,000 units, according to a report released on Thursday by CINNO Research, an agency that tracks the market. Unisoc remains a small player compared to Taiwanese fabless chip designer MediaTek, the No. 1 supplier with 8.7 million units shipments...
