Huawei, which is blacklisted by the US government, secretly funded a research competition that has awarded millions of dollars through the Optica Foundation
Huawei's resurgence in the high-end smartphone market after four years of US sanctions is being widely watched
The move comes after the release last month of Huawei's first AI-enabled laptop, the MateBook X Pro powered by Intel's new Core Ultra 9 processor
A Huawei spokesman said the company and the Optica Foundation created the competition to support global research and promote academic communication
The findings reveal one strategy Shenzhen, China-based Huawei is using to remain at the forefront of funding international research despite a web of US restrictions imposed over the past several years
"Industry and global markets will remain rife with uncertainty for rest of 2024. Nevertheless, we are continuously building out mechanisms for global business continuity and agile operations," co said
Huawei has enjoyed a resurgence since Mate's August debut, riding a wave of celebration around its ability to realize sophisticated semiconductor manufacturing despite escalating US tech export curbs
Apple lost its crown as the biggest smartphone seller in China to rival Vivo
U.S administration began a review of the chip earlier this year and said last month that SMIC might have violated U.S export rules
Since 2019, the US has restricted Huawei's access to US technology, accusing the company of activities contrary to US national security, which Huawei denies
Huawei's rotating chairman Ken Hu said the company's figures were in line with forecasts
Visiting US Assistant Secretary for Commerce calls for ecosystem that encourages startups in both countries to collaborate
Lauded in China as a major leap in indigenous semiconductor fabrication, last year's SMIC-made processor powered Huawei's Mate 60 Pro and a wave of patriotic smartphone-buying in the Asian country
Mate 60 handsets have been consistently out of stock, with would-be buyers complaining online of month-long waiting times for pre-orders to be fulfilled
Sales in China dropped 13 per cent to $20.8 billion in the fiscal first quarter, which ended December 30, the company said on Thursday. That fell far short of the $23.5 billion predicted by analysts
Sales jumped to more than 700 billion yuan ($98.7 billion), their fastest pace of growth in years thanks to a resurgent smartphone business and robust 5G equipment sales
The tax department has alleged tax evasion and inflated payments for technical services by Huawei India outside the country
Main auto partner Chongqing Changan Automobile and relevant parties will own up to 40% of the new firm, a Changan Auto statement showed
Police urged investors to report cases or provide leads to the authorities, including filing complaints online
Phone sales in the world's biggest mobile market were up 11% in the first four weeks of last month compared to the same period a year ago, according to Counterpoint Research data