SOURCE / ECONOMY By Qi Xijia and Tao Mingyang Published: Mar 01, 2021 05:08 PM
The Kunpeng 920 chip, among other server chips, showcased at Huawei Beijing research center. Photo:CGTN
A global microchip shortage is plaguing the entire cell phone manufacturing, as well as hitting personal computer making and car production.
The shortage is spurred by COVID-19-induced supply crunch, the fallout from US trade war and a fierce arms race, according to mobile phone manufacturers and experts, and the chip shortfall is likely to last for months.
A growing chorus of mobile phone vendors warned in recent weeks they cannot access enough chips to make their products.
Huawei launched the new foldable MateX2 handset series on Monday, continuing its ambition in the high-end phone segment, following reports that the Chinese technology company is in talks to sell its premium smartphone brands due to an extreme chip shortage.
After US President Joe Biden warned of extreme competition with China, while also making clear that he would not pursue the same path his predecessor Donald Trump.
The problem of tight chip supply is extending from automobiles and smartphones to security equipment, with some small Chinese security device makers facing short supplies of components such as storage chips and control chips, a situation that may last till the second half of 2021.
SOURCE / COMPANIES
Mainland market increasingly a mainstay for noted US brands: analysts By GT staff reporters Published: Jan 28, 2021 09:43 PM
People shop at an Apple store in North China s Shanxi Province on October 23 after iPhone 12 was newly launched. Photo: cnsphoto
Both Apple and Tesla posted record revenues for the fourth quarter of last year, with the credit to a large extent going to their stellar performance in the Chinese market, essentially discouraging any moves in favor of a continuation of the US tech war with China, market observers said, forecasting the Joe Biden administration to weigh business interests over anti-China political ossification.