Chipmakers from China have received their profits

[moniya12]

After the latest bans, announced in May and August, went into effect, Huawei can no longer make its Kirin chips with contract chipmaker Taiwan Semiconductor Manufacturing Co LTD (TSMC) or buy finished chips from manufacturers such as Qualcomm Inc and MediaTek Inc.

The impact of sanctions led to Huawei's smartphone shipments falling 22% year-on-year in the third quarter, not just in its home market, as the company lost its title as the top smartphone maker, according to new data released Thursday by market research firm International Data Corp (IDC).

Some chipmakers saw their revenue rise in the third quarter as Huawei bought large volumes of chips before a U.S. ban on all third-party chipmaker sales using American technology took effect Sept. 15. Taiwan's MediaTek reported its third-quarter revenue rose 44.7 percent year-on-year to a record US$97.3 billion ($3.4 billion), while net profit nearly doubled.

MediaTek estimates its revenue will fall by up to 8% in the fourth indonesia telegram number database quarter compared with the third as Huawei orders disappear. But the company said losing Huawei as a customer would not have a big impact on its business because many other companies in mainland China also make 5G phones.

" The Chinese 5G smartphone market is huge, and we previously estimated that 5G phone sales in China in 2020 will reach 120-130 million ," the company's CEO Rick Tsai said at a briefing on Friday.

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Huawei is believed to be rationing its current supply of chips due to limited supply and an inability to get more. At the same time, it is also falling behind rapidly in markets outside China, as US sanctions have forced it to cut ties with Google, the maker of the Android operating system that powers most Huawei phones. While Huawei continues to install a free version of Android, it can no longer include popular Google apps like Google Play or Gmail on any of its new phones.

[yadaysrdone]

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