Connect with us

Hi, what are you looking for?

Stock

Huawei launches Mate 70 smartphone as new US chip curbs loom

SHENZHEN, China (Reuters) -Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, advancing its comeback in the premium smartphone space while showcasing its own operating system in a clean break away from U.S. technology.

The phone marks the “the most powerful Mate phone ever”, Richard Yu, chairman of Huawei’s Consumer Business Group, said at an event in the company’s hometown of Shenzhen.

The Mate 70 is first mainstream smartphone to include a satellite paging system, has an improved processor and runs on Huawei’s homegrown HarmonyOS Next (LON:NXT) operating system, Yu said.

The launch comes as the U.S. is expected to announce new export controls that could add up to 200 Chinese chip companies to a trade blacklist as soon as this week, restricting their access to U.S. suppliers, Reuters reported on Saturday.

Huawei does not typically discuss its chip advancements at product launch events, with improvements usually discovered by teardown firms later.

This post appeared first on investing.com






    You May Also Like

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 balanceandcharge.com