JSCh
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Huawei News and Analyses
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JSCh
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Huawei's First Domestic Bond Issuance Gets Oversubscribed by Three Times
ZHOU AILIN
DATE : OCT 25 2019/SOURCE : YICAI
Huawei's First Domestic Bond Issuance Gets Oversubscribed by Three Times
(Yicai Global) Oct. 25 -- Chinese telecoms giant Huawei Technologies's first domestic bond issuance, worth CNY3 billion (USD424.4 million), has been oversubscribed by more than three times as investors bet on the low yields to rise as trading starts.
The three-year bonds with a coupon rate of 3.48 percent have been listed today. This is the first of two similarly sized tranches, as per the Shenzhen-based firm's earlier statement. Industrial and Commercial Bank of China is the lead underwriter of the first one and China Construction Bank of the next one.
Last month, Huawei announced its plan to raise money in the domestic market to supplement working capital. Before this, Huawei has issued six bonds overseas, and the latest one in February 2017. Since then, the firm has grappled with tech trade tensions in the US but posted strong earnings this year.
"The low yield of Huawei's bonds was beyond our expectations," a manager of a large public fund told Yicai Global after missing the opportunity to participate. "The yield is expected to rise after trading begins."
"The yield of 3.48 percent is indeed low, equivalent to bonds with a rating of Super AAA," a manager of a large insurance asset management firm said to Yicai Global. The threefold oversubscription puts Huawei into the same league with large state-owned firms, the manager added.
China's 10-year government bond yields rose to 3.241 percent yesterday. Analysts expect that the yields of long-term bonds may break through this year's peak level of 3.4 points due to the central bank's sustained prudent monetary policy.
ZHOU AILIN
DATE : OCT 25 2019/SOURCE : YICAI
Huawei's First Domestic Bond Issuance Gets Oversubscribed by Three Times
(Yicai Global) Oct. 25 -- Chinese telecoms giant Huawei Technologies's first domestic bond issuance, worth CNY3 billion (USD424.4 million), has been oversubscribed by more than three times as investors bet on the low yields to rise as trading starts.
The three-year bonds with a coupon rate of 3.48 percent have been listed today. This is the first of two similarly sized tranches, as per the Shenzhen-based firm's earlier statement. Industrial and Commercial Bank of China is the lead underwriter of the first one and China Construction Bank of the next one.
Last month, Huawei announced its plan to raise money in the domestic market to supplement working capital. Before this, Huawei has issued six bonds overseas, and the latest one in February 2017. Since then, the firm has grappled with tech trade tensions in the US but posted strong earnings this year.
"The low yield of Huawei's bonds was beyond our expectations," a manager of a large public fund told Yicai Global after missing the opportunity to participate. "The yield is expected to rise after trading begins."
"The yield of 3.48 percent is indeed low, equivalent to bonds with a rating of Super AAA," a manager of a large insurance asset management firm said to Yicai Global. The threefold oversubscription puts Huawei into the same league with large state-owned firms, the manager added.
China's 10-year government bond yields rose to 3.241 percent yesterday. Analysts expect that the yields of long-term bonds may break through this year's peak level of 3.4 points due to the central bank's sustained prudent monetary policy.
JSCh
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China’s Huawei Unveils Self-developed 5G Chip, Prepares For Mass Production In Q1 2020 – China Money Network
By Sophy Yang
October 29, 2019 — 11:15
China’s tech giant Huawei Technologies has developed radio frequency power amplifier (PA), a key chip in 5G communications, and has cooperated with domestic original equipment manufacturer for mass production in the first quarter of next year, according to Chinese media report.
Huawei is increasingly looking to take control of its supply chain amid political pressure from the U.S. The self-designed chip is part of its work on a “Plan B” of developing its own mobile operating system, since it has been banned from purchasing chips and software after the U.S. government placed it on a trade blacklist in this May.
The report says that Huawei has place the manufacturing order to Chinese LED epitaxial wafers and chips producer San’an Optoelectronics to disperse the risks of PA foundry currently concentrated in Taiwan.
The PA chip is one kind of RF chips used to increase the magnitude of power of a given input signal and enable smartphones to communicate with wireless networks. It is an important chip that affects the signal coverage and plays increasingly important roles in the 5G era which needs to be compatible with various network standards.
At present, PA chips are mainly controlled by companies such as Skyworks and Qorvo in the U.S., but domestic companies including Huawei have increased their independent research and development and productivity.
Founded in 1993, San’an Optoelectronics’ core businesses are wafer’s and chip’s new semiconductor materials including GaAs – one of key RF components. The company is expected to become one of the most important PA foundries in China.
October 29, 2019 — 11:15
China’s tech giant Huawei Technologies has developed radio frequency power amplifier (PA), a key chip in 5G communications, and has cooperated with domestic original equipment manufacturer for mass production in the first quarter of next year, according to Chinese media report.
Huawei is increasingly looking to take control of its supply chain amid political pressure from the U.S. The self-designed chip is part of its work on a “Plan B” of developing its own mobile operating system, since it has been banned from purchasing chips and software after the U.S. government placed it on a trade blacklist in this May.
The report says that Huawei has place the manufacturing order to Chinese LED epitaxial wafers and chips producer San’an Optoelectronics to disperse the risks of PA foundry currently concentrated in Taiwan.
The PA chip is one kind of RF chips used to increase the magnitude of power of a given input signal and enable smartphones to communicate with wireless networks. It is an important chip that affects the signal coverage and plays increasingly important roles in the 5G era which needs to be compatible with various network standards.
At present, PA chips are mainly controlled by companies such as Skyworks and Qorvo in the U.S., but domestic companies including Huawei have increased their independent research and development and productivity.
Founded in 1993, San’an Optoelectronics’ core businesses are wafer’s and chip’s new semiconductor materials including GaAs – one of key RF components. The company is expected to become one of the most important PA foundries in China.
Dungeness
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Andriod Authority: Huawei hits 200m smartphones shipped in 2019, smashes 2018's record
Hadlee Simons
Huawei has had a challenging 2019 due to the US trade ban against it, affecting smartphone sales and its carrier business. But that hasn’t stopped the Chinese manufacturer from having a record-breaking year.
The company just announced that it shipped over 200 million smartphones globally in 2019. The company previously hit this target last year, but it’s still a big deal in light of its current smartphone situation. What’s even more impressive though is the fact that it hit the 200 million mark 64 days earlier than in 2018. Check out the tweet below to mark the occasion.
The US trade ban in May means that Huawei’s later smartphones aren’t allowed to offer Google Mobile Services. This ban was keenly felt with the Huawei Mate 30 series, which is seeing a limited launch outside China due to its lack of pre-installed Google services.
Huawei’s high volume of shipments is likely due to strong performance in China though, as Google Mobile Services aren’t used in the country. The shipments can also be attributed to good global performance in the first quarter of the year, as well as solid performance in Q2 until the announcement of the trade ban midway through the quarter.
The company still has two months to go until the end of the year, so it’s possible that the final number of smartphones shipped in 2019 will be significantly higher. It still makes you wonder whether Huawei could’ve reached the 300 million mark without the trade ban in place.
Hadlee Simons
Huawei has had a challenging 2019 due to the US trade ban against it, affecting smartphone sales and its carrier business. But that hasn’t stopped the Chinese manufacturer from having a record-breaking year.
The company just announced that it shipped over 200 million smartphones globally in 2019. The company previously hit this target last year, but it’s still a big deal in light of its current smartphone situation. What’s even more impressive though is the fact that it hit the 200 million mark 64 days earlier than in 2018. Check out the tweet below to mark the occasion.
The US trade ban in May means that Huawei’s later smartphones aren’t allowed to offer Google Mobile Services. This ban was keenly felt with the Huawei Mate 30 series, which is seeing a limited launch outside China due to its lack of pre-installed Google services.
Huawei’s high volume of shipments is likely due to strong performance in China though, as Google Mobile Services aren’t used in the country. The shipments can also be attributed to good global performance in the first quarter of the year, as well as solid performance in Q2 until the announcement of the trade ban midway through the quarter.
The company still has two months to go until the end of the year, so it’s possible that the final number of smartphones shipped in 2019 will be significantly higher. It still makes you wonder whether Huawei could’ve reached the 300 million mark without the trade ban in place.
onebyone
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Dungeness
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IDC: Huawei defied "Entity List", shipped 28% more phones worldwide in 3Q19.
Worldwide Smartphone Shipments Rise by 0.8% in the Third Quarter as Huawei Went Full Steam in China, According to IDC
Worldwide Smartphone Shipments Rise by 0.8% in the Third Quarter as Huawei Went Full Steam in China, According to IDC
JSCh
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Huawei Mate X sold out instantly again as resale price soars
Source:Global Times Published: 2019/11/18 16:18:21
Huawei's Mate X 5G phone sold out shortly after its second round of sales began on Monday. The price of the foldable smartphone has surged to more than four times its original price on resale platforms.
The heated market response is expected to encourage the tech giant to expedite production of the device, according to analysts.
Huawei started the second round of sales for its Mate X on its own e-commerce platform Vmall.com at 10:08 am Beijing time, and the device was reported to have sold out shortly after, similar to the first round of sales last Friday.
The third round of sales is scheduled to begin at 10:08 am on Friday. Additionally, Huawei will also be offering a 50 percent discount on first-time display replacements for the Mate X, according to Vmall.com.
The Global Times found that the device's resale price has surged to 70,000 yuan ($9,980), more than four times the official price of 16,999 yuan, on Xianyu, Alibaba's flea-market platform.
The Mate X's resale price is much higher than that of its major competitor Samsung's foldable smartphone Galaxy Fold. The resale price of the Galaxy Fold is 15,998 yuan, a price which could be seen on Xianyu.
The Mate X's market response is beyond expectations and has proved the great success for the company's test in the foldable smartphone market, Zhang Yi, CEO of Shenzhen-based iiMedia Research, told the Global Times on Monday.
Huawei is expected to accelerate production of the popular foldable device and gear up preparations for its next foldable smartphone, the Mate Xs, according to analysts.
Huawei is reportedly curbing the total production volume of the Mate X, the first attempt at a new type of cutting-edge-technology device that is still evolving as technology develops, due to quality control and risk management, James Yan, Beijing-based research director at Counterpoint, told the Global Times on Monday.
"The first batch of the Mate X is expected to be around 100,000 [units]. Total shipments in China are expected to be hundreds of thousands," said Yan.
j20blackdragon
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The 5G base stations that Chinese telecom giant Huawei has been producing without components from United States suppliers have been performing 30% better than those with American parts, Vincent Pang, Huawei senior vice president, said at a press dinner on Tuesday.
https://www.businessinsider.sg/huawei-5g-equipment-perform-better-without-us-supplier-parts-2019-11/
https://www.businessinsider.sg/huawei-5g-equipment-perform-better-without-us-supplier-parts-2019-11/
hirobo2
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The 5G base stations that Chinese telecom giant Huawei has been producing without components from United States suppliers have been performing 30% better than those with American parts, Vincent Pang, Huawei senior vice president, said at a press dinner on Tuesday.
https://www.businessinsider.sg/huawei-5g-equipment-perform-better-without-us-supplier-parts-2019-11/
I had a similar experience where I bought a Chinese brand tablet that inexplicably incorporated an American company's lithium polymer battery component. The tablet died after I drained the battery to zero a few times. And when it was working before, it wouldn't gain a net charge when plugged in while using (actually continuing to lose charge if I use it while plugged in).
All problems solved after I swapped out the battery for one from a Chinese company.
It's never cool to see Chinese tech incorporate some kind of American component underneath coz most of the time these American components underperform...
JSCh
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Huawei achieves AI breakthrough
By CHAI HUA in Shenzhen and MA SI in Beijing | China Daily | Updated: 2019-11-30 03:06
[Photo/VCG]
Huawei Technologies secured an important vote of confidence in its chip research and development capabilities on Friday, with its self-developed artificial intelligence computing platform applied at a key research facility.
Atlas 900 is dubbed by Huawei as the world's fastest AI training cluster and its application in Peng Cheng Lab, Guangdong province, demonstrates the strides the company has made in AI chip R&D.
The move is also part of broader efforts by Chinese companies to reduce reliance on crucial United States' technologies.
Huawei and PCL on Friday announced the launch of an upgraded AI computing system — CloudBrain — an underlying architecture to support a wide range of applications such as smart healthcare, smart transportation and urban management.
Huawei's Atlas 900 can significantly boost CloudBrain's computing power.
"In the first stage, CloudBrain's computing ability will increase five times and it will be enhanced by another ten times next year," said Gao Wen, director of PCL.
Gao believes it will become the world's largest AI computing cluster by then.
CloudBrain has provided services for more than 300 domestic and international scientific research experts, whose experiments require strong computing abilities, Gao added.
To better develop AI solutions for more sectors, Huawei and PCL also inked agreements on Friday with four organizations including the Shenzhen Municipal Health Commission and the city's Longgang district government.
Hou Jinlong, president of Cloud & AI Products & Services at Huawei, said, "We can provide an alternative computing system in the future other than current dominant x86-based processors."
The processors are developed by US tech giant Intel Corp which currently dominates the global market for server chips.
"As AI chips sit in the core of computing technology stacks, this achievement provides another powerful option for enterprise customers to leverage AI computing capabilities powered by Huawei," said Charlie Dai, principal analyst at Forrester, a business strategy and economic consultancy.
Huawei stressed that CloudBrain's hardware and software platform is open to all users while the company itself focuses on processors. In addition, the platform is cloud-based so it is open to global developers.
The platform is supported by Huawei's Ascend AI processors and the Kunpeng 920, Huawei's central processing unit. "Besides the platform, our AI computing processors have powered many applications in many industries, such as finance, smart city, electricity and transportation," Hou added.
Dai said it also effectively helps Huawei build its digital ecosystem around its AI chip hardware portfolio, which is critical to the localization strategy for customers in China to ensure long-term business continuity in the increasingly dynamic economic environment.
Many global chip providers are eyeing the booming AI computing market as market research company Gartner forecasts it will be worth more than $2 trillion by 2023.
Contact the writers at grace@chinadailyhk.com
By CHAI HUA in Shenzhen and MA SI in Beijing | China Daily | Updated: 2019-11-30 03:06
Huawei Technologies secured an important vote of confidence in its chip research and development capabilities on Friday, with its self-developed artificial intelligence computing platform applied at a key research facility.
Atlas 900 is dubbed by Huawei as the world's fastest AI training cluster and its application in Peng Cheng Lab, Guangdong province, demonstrates the strides the company has made in AI chip R&D.
The move is also part of broader efforts by Chinese companies to reduce reliance on crucial United States' technologies.
Huawei and PCL on Friday announced the launch of an upgraded AI computing system — CloudBrain — an underlying architecture to support a wide range of applications such as smart healthcare, smart transportation and urban management.
Huawei's Atlas 900 can significantly boost CloudBrain's computing power.
"In the first stage, CloudBrain's computing ability will increase five times and it will be enhanced by another ten times next year," said Gao Wen, director of PCL.
Gao believes it will become the world's largest AI computing cluster by then.
CloudBrain has provided services for more than 300 domestic and international scientific research experts, whose experiments require strong computing abilities, Gao added.
To better develop AI solutions for more sectors, Huawei and PCL also inked agreements on Friday with four organizations including the Shenzhen Municipal Health Commission and the city's Longgang district government.
Hou Jinlong, president of Cloud & AI Products & Services at Huawei, said, "We can provide an alternative computing system in the future other than current dominant x86-based processors."
The processors are developed by US tech giant Intel Corp which currently dominates the global market for server chips.
"As AI chips sit in the core of computing technology stacks, this achievement provides another powerful option for enterprise customers to leverage AI computing capabilities powered by Huawei," said Charlie Dai, principal analyst at Forrester, a business strategy and economic consultancy.
Huawei stressed that CloudBrain's hardware and software platform is open to all users while the company itself focuses on processors. In addition, the platform is cloud-based so it is open to global developers.
The platform is supported by Huawei's Ascend AI processors and the Kunpeng 920, Huawei's central processing unit. "Besides the platform, our AI computing processors have powered many applications in many industries, such as finance, smart city, electricity and transportation," Hou added.
Dai said it also effectively helps Huawei build its digital ecosystem around its AI chip hardware portfolio, which is critical to the localization strategy for customers in China to ensure long-term business continuity in the increasingly dynamic economic environment.
Many global chip providers are eyeing the booming AI computing market as market research company Gartner forecasts it will be worth more than $2 trillion by 2023.
Contact the writers at grace@chinadailyhk.com
hirobo2
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Fook AMD. Fook Intel. Now this is the stuff that suddenly gets me excited about PC stuff... Huawei desktop mobo that uses Huawei's own CPUs:
https://www.notebookcheck.net/Huawe...-for-its-Kunpeng-920-ARMv8-CPUs.445953.0.html
https://www.notebookcheck.net/Huawe...-for-its-Kunpeng-920-ARMv8-CPUs.445953.0.html
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