Huawei posted a 37% year-on-year surge in smartphone sales in the last quarter thanks to the Mate 60 launch as Apple’s numbers declined

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year

A report from US investment giant Jefferies said this week Huawei had usurped Apple as the smartphone-maker with the biggest share of China's market

New regulations are causing consternation that publishing apps in the world's second largest economy is set to become very difficult

"What kind of move is this?" one Weibo user said, as the Chinese telecom giant's much anticipated product event failed to give any new details on its 'sanctions-defeating' Mate 60 series

China’s Ministry of State Security made the claims in a report titled “Uncovering the main despicable means of cyberattacks and secret theft by US intelligence agencies”

Huawei’s planned event comes on the heels of Apple’s iPhone 15 launch event held on Tuesday, which received mixed reactions in China

The reported ban coincides with rising tensions between Beijing and Washington, and signals growing challenges for Apple

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

Sources say staff were given instructions to also not use other foreign-branded devices or bring them into the office

If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week