A subsidiary of Huawei has invested in lithography. This means that the company intends to produce its own chips. Huawei is probably doing this to survive under US sanctions.
The investment is carried out by a division of the Chinese giant Hubble Technology Investment. It invested 82 million yuan in Beijing-based RSLaser Opto-Electronics Technology Co. This company specializes in technologies used in lithography. Hubble Technology Investment already has investments in 28 semiconductor companies.
Analysts believe that Huawei is taking such measures to reduce the impact of US sanctions on its business.
Recall that in May 2019, the US Department of Commerce banned a Chinese company from using American technologies and equipment. Due to all the pressure from the US authorities, Huawei has lost its share of the global smartphone market.
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