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Huawei sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights
SHENZHEN, China/SHANGHAI, Aug 30 (Reuters) – Chinese chip stocks rallied on Wednesday following Huawei Technologies' (HWT.UL) launch of its new Mate 60 Pro phone, as investors speculated it could be using a 5G capable chip which, if true, would mark a win for China's local semiconductor sector.
Chip stocks rally after Huawei's low-key launch of new Mate 60 Pro phone comes via ChinaTechNews.com.