Catenaa, Monday, March 31, 2025– China’s telecom giant Huawei Technologies net profits fell by 28% in 2024, the company said on Monday, as the company invested 20% of its sales revenue in R&D. Huawei Technologies reported 62.6 billion yuan or $8.6 billion in net profit last year, down from 87 billion yuan the year before. […]

Catenaa, Monday, May 12, 2025- Huawei is reportedly constructing a massive chip production facility in Shenzhen, aimed at fulfilling the growing demand for its Kirin and Ascend AI chips. The new facility, which is expected to focus on 7nm and above production, will play a central role in enhancing the company’s capabilities in artificial intelligence […]

Catenaa, Friday, May 02, 2025-Chinese tech giant Huawei has begun deliveries of its most advanced artificial intelligence chip cluster, the CloudMatrix 384, to local clients cut off from US semiconductor leader Nvidia due to Washington’s tightening export restrictions, according to sources familiar with the development. The high-performance system, which links 384 AI processors using Huawei’s […]

Catenaa, Friday, May 16, 2025-The United States (US) is warning international companies that using Huawei’s advanced AI chips may violate US export control laws, intensifying its crackdown on Chinese tech developments and extending Washington’s long-standing restrictions beyond physical shipments. The Commerce Department’s Bureau of Industry and Security said Tuesday that Huawei’s Ascend processors -including the […]