Chip stocks rally after Huawei's low-key launch of new Mate 60 Pro phone

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Chip stocks rally after Huawei's low-key launch of new Mate 60 Pro phone

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 be a win for China's local semiconductor sector.

https://www.reuters.com/technology/chip-stocks-rally-after-huaweis-low-key-launch-new-mate-60-pro-phone-2023-08-30/

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