SHANGHAI/SHENZHEN, China: Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows.
The United States is also seeking the extradition from Canada of Huawei's chief financial officer, Meng Wanzhou, on charges of bank fraud. "From Sept. 15 onward, our flagship Kirin processors cannot be produced," Yu said, according to Caixin."Our AI-powered chips also cannot be processed. This is a huge loss for us."Huawei's HiSilicon division relies on software from U.S. companies such as Cadence Design Systems Inc or Synopsys Inc to design its chips and it outsources the production to Taiwan Semiconductor Manufacturing Co , which uses equipment from U.S. companies.
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