News Snapshot:
The U.S. Commerce Secretary, Gina Raimondo stated on Tuesday that there is no evidence to suggest that the Chinese manufacturer Huawei can mass-produce smartphones with advanced chips. Huawei has begun selling its Mate 60 Pro smartphone. This smartphone is believed to feature a chip manufactured using technology developed by the Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC). “We don’t have any evidence that they can manufacture seven-nanometer (chips) at scale,” stated Gina Raimondo during a U.S. House hearing. She made this statement in reference to advanced chip manufacturing capabilities. Since 2019, the U.S. has restricted Huawei’s access to specific...