. The company, despite facing U.S. sanctions that prevent it from obtaining cutting-edge chips, equipped the Mate 60, Mate 60 Pro, Mate 60 Pro+, and the Mare 60 RS with a 7nm homegrown Kirin 9000s application processor that supports 5G. The Mate 60 series featured the first 5G phones from Huawei since 2020's Mate 40 series which was powered by the Kirin 9000 chipset.
The following year, the U.S. revised its export rules to prevent foundries using American tech to make chips from shipping any cutting-edge silicon to Huawei. The U.S. was doing this all in the name of national security since Huawei was branded a national security threat in the U.S. along with fellow Chinese phone and network equipment manufacturer ZTE. Both firms were believed to have ties to the Chinese Communist Party . Despite developing its own operating system and ecosystem, once the U.S.
Huawei's phones have Chinese consumers buzzing but the company still struggles to regain its status in China Huawei had once dominated phone sales in China. During the third quarter of 2019, before the effects of the U.S. sanctions were felt,sold off its Honor sub-unit for an estimated $15 billion in 2020
to help Honor break away from the U.S. sanctions. While the sale raised much-needed funds for Huawei, it also created a new competitor in China. Last quarter, Honor had the largest slice of the Chinese smartphone market with an 18% share. Oppo andIn a statement, Huawei said,"We continue to optimize our management systems, improve the efficiency and quality of our operations, and refine our sales strategy and product mix. These actions have had a very positive impact on our profit margin.