The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions

TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions

The discounts on offer are more substantial than the ones Apple offered in February, which helped perk up the company's shipments in March

The smartphone-maker is expanding its reach, after four years of damage from US sanctions, backed by flashy showrooms, premium products and an army of distributors

The Chinese firm’s revenue was $24.65 billion for the first three months of the year after it saw its fastest earnings growth in four years in 2023

By potentially allowing Tesla to roll-out FSD, Beijing may be hoping for the ‘catfish effect’ to accelerate research and development by Chinese EV-makers

It's taken Huawei just four years to become a force in smart car technology even as US sanctions since 2019 hammered its businesses

The Chinese tech firm has also launched seven EV models in partnership with domestic automakers as it bids to become a major player in the sector

Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new series of high-end phones

Speculation has been growing for months about Huawei’s P70 model which is expected to be powered by an advanced China-made chip

Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the US restrictions began

US lawmakers were already looking to cut SMIC off from US tech imports after it produced the surprisingly high-end chip for Huawei’s latest handset