Thursday, February 27, 2025
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Despite US sanctions | Real Time Headlines

Beijing – American chip giant Nvidia Despite the U.S. imposed restrictions on Chinese telecom companies, it still marks an intensified competition from Huawei.

In Wednesday’s annual document, Nvidia lists Huawei in it Current competitorsincluded in the list Second consecutive year. The company was blacklisted by the United States for national security reasons, and there has been no introduction between NVIDIA’s competitors for at least three years.

Nvidia lists Huawei as four of the five categories, including chips, cloud services, computing processing and networking products.

“There is a lot of competition in China,” NVIDIA CEO Jensen Huang told CNBC’s Jon Fortt on Wednesday.

Huang said: “Other companies Huawei… are very dynamic and very competitive.”

Since 2019, the United States has limited Huawei’s ability to obtain technology from U.S. suppliers, 5G chip arrive Google’s Android operating system.

NVIDIA CEO Huang: China's revenue before export control was twice as high as it is now

State media reported that Huawei’s revenue exceeded 860 billion yuan (US$118.27 billion) in 2024. 22% revenue starting in 2023According to the figures published by CNBC, this is the fastest growing since 32% in 2016. Huawei usually Release its annual report in March.

The company’s revenues hardly grew in 2020, down nearly 29% in 2021. Its consumer segment has taken a huge hit, even as revenues grew 17% year-on-year to RMB 251.5 billion in 2023, and the unit is more than half of the unit’s production. Peak in 2020.

Telecom companies are starting to make a comeback in the smartphone market In 2023 With the release of its Mate 60 Pro in China. Comments show that the device offers 5G-related download speeds, thanks to advanced semiconductor chips.

It’s only been over a year Huawei launches Mate 70 smartphone series The next step is to use the company’s first fully self-developed operating system, Harmonyos.

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