"Huawei Triumphs Amid US Sanctions, Reporting 564% YoY Net Profit Boost, Thanks to Full Support from China's Government and Country's Semiconductor Industry"

Dan Nystedt on X: "China’s Huawei has made a full comeback despite US sanctions, through the full support of China’s government and the nation’s entire semiconductor supply chain, media report, noting 2 major chip manufacturers, SMIC and Fujian Jinhua are key to its chip manufacturing efforts,…" / X

PostConversationChina’s Huawei has made a full comeback despite US sanctions, through the full support of China’s government and the nation’s entire semiconductor supply chain, media report, noting 2 major chip manufacturers, SMIC and Fujian Jinhua are key to its chip manufacturing efforts, while 2 packaging firms, Tongfu Micro and SJ Semiconductor, are notable as Huawei plans to use advanced packaging in future chips. Huawei’s 1st quarter results show its resilience, with net profit up 564% yea...