Skip to content
hat the ban will be an alarm bell for China, and the Chinese government and domestic comp
anies will accelerate the push for developing core industries, including in chips manufacturing.
“As the division of the telecom industrial chain has become globalized, the US ban will also affect US chipmakers’ income,” the report
said. “Huawei lists 33 US companies among core suppliers, accounting for 36 percent of its total key suppliers.”
A strong 7.5 magnitude earthquake struck Peru on Sunday morning, the Geophysical Institute of Peru (IGP) said.
No casualties or material damages have so far been reported.
The IGP first reported the quake measured 7.2 magnitude. It was recorded at 02:41
am local time (0741 GMT) in the province of Alto Amazonas in northern area of the Loreto region.
Hernando Tavera, head of the IGP, told local media: “The quake has been percei
ved with a fairly large radius, including Lima, Junin, Pasco and Iquitos, where there has been a power cut.”
um for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.
“5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the teleco
mmunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa
id on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite th
e commercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fol
dable smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.