That didn't take long.
Huawei's Mate 60 Pro is powered by a new Kirin 9000s chip that was made in China by Semiconductor Manufacturing International Corp (SMIC), TechInsights said in the report shared with Reuters on Monday.Reuters
Huawei started selling its Mate 60 Pro phone last week. The specifications provided advertised its ability to make satellite calls, but offered no information on the power of the chipset inside....
Buyers of the phone in China have been posting tear-down videos and sharing speed tests on social media that suggest the Mate 60 Pro is capable of download speeds exceeding those of top line 5G phones…...
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Moon of Alabama
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American chip-makers like Intel and Qualcomm repeatedly warned Washington that sanctions against China would severely hurt American companies’ profits (by cutting American companies out of the Chinese market) and would also spur China to upgrade its own chip-making.
This is exactly what happened. More and more of Washington’s sanctions are backfiring, yet Washington remains obsessed with imposing more and more sanctions. So far seventeen nations are under “targeted” U.S. sanctions, and six more are under “comprehensive” (or total) sanctions (Cuba, Iran, North Korea, Russia, Syria, and Venezuela). By 2021, according to U.S. Treasury Department’s report, the United States had sanctions on more than 9,000 individuals, companies, and sectors of targeted country economies.
In addition, Washington plays “dirty pool” -- as when it ordered Canada to arrest Huawei CFO Meng Wanzhou at the Vancouver airport (1 Dec 2018) allegedly because Huawei had sold products to Iran.
The world is tired of all this, and is forming new networks that will be sanctions-proof. The USA needs to rethink its sanctions mania. When the USA developed the GPS system, the USA could have charged other nations for using it, but the USA didn’t want anyone else to have access to it. So other nations simply developed their own global positioning systems, e.g. GLONASS (Russia), BeiDou (China), Galileo (Europe), IRNSS (India), QZAA (Japan) and so on.
In other cases, U.S. sanctions end up helping foreign systems that already exist. In 2015 Russia’s Central Bank and Finance Ministry introduced the Mir payment and credit / debit card system. Mir did not really catch on until Visa and MasterCard withdrew from Russia as U.S. sanctions were applied in 2022, and as Russian banks were banned from the SWIFT payment system. As a result, Mir exploded in popularity.
Another example: after the USA destroyed Russia’s Nord Stream system (26 Sep 2022) Russia compensated by dramatically increasing the amount of LNG it ships to Europe.
In the last year, because of U.S. sanctions, Russia has become self-sufficient in civilian aircraft, military transport aircraft, 3D printers, many forms of steel production, combine farm harvesters, marine engines, all kinds of food products – and the list goes on.
As a result, Russia is on track for a GDP growth of between 2.5% and 3% in 2023 which is higher than the USA, UK and every EU country except the Czech Republic. The Eurozone is expected to grow by less than 1%, while German industry is shrinking. All because of sanctions.
The problem for America goes far beyond currencies. (A popular misnomer is that BRICS is a “currency union.” It is not. BRICS is a political and economic network). Global structures of trade and finance are difficult to change because of inertia. This is why the USA has survived until now, despite its madness. But once the changes happen, as they are now, the global structures continue to have inertia, only now in a different and non-reversible direction. At that point, U.S. sanctions accelerate the changes, and accelerate the erosion of U.S. power.
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If you discuss any of this, the mob condemns you as a “Putin stooge” and a “Chinese agent.” Liberals and conservatives alike do this. Such idiocy further accelerates the West’s collapse. The ship is sinking, but if you admit this publically, then the doomed passengers flame you. Therefore the passengers refuse to be saved.
Another problem with sanctions is that the USA so focused on attacking China for high-end chips that China is now flooding the world with low-tech chips.
Meanwhile the USA is trying to build new chip-making plants that will be run by Taiwan Semiconductor Manufacturing Company (TSMC). I live near one of them. It is a monster, and it is a disaster, for reasons I do not have the space to discuss here. It is not expected to open until 2025 or later – if ever.
Also, in an earlier comment I quoted Mark Twain who said, “You cannot have an empire abroad and a republic at home.” In this case, Washington’s endless attacks on China deprive average Americans of quality Chinese products at low prices. You may like Apple iPhones, but do you like the prices? U.S. sanctions abroad strengthen U.S. monopolies at home.
Regarding Huawei’s new Mate 60 Pro phone, we don’t yet know how good it is. Nikkei Asia says that its chip, made by Semiconductor Manufacturing International Corporation (SMIC) in Shanghai, uses the “7-nanometer process.” This is very advanced. SMIC also makes the latest iPhone chips using the four-nanometer process. A nanometer is a measure of chip size, with the fewer nanometers in the process the better. A piece of paper is about 100,000 nanometers thick.
The point is that Washington and Europe had hoped that their sanctions on Huawei would destroy the company, or at least set it back years. Instead, the sanctions ended up making Huawei stronger than ever.
The world is laughing at America, where logic and mathematics are now “racist.” Doorbell security cameras are “racist.” Crime prevention is “racist.” Releasing police mug shots is “:racist.” School grading is “racist.” Technical proficiency is “racist.” Hiring based on talent and ability is “racist.” Promotion based on hard work and accomplishment is “racist.”
Biden’s latest diversity hire is Charles Q. Brown, who Biden has nominated to be Chairman of the Joint Chiefs of Staff. Brown, an Air Force general, has vowed to reduce white male pilots from 86% of flyers down to 43%, despite a major recruiting crisis.
Again, if you mention any of this, you are a “Chinese agent” and a "fascist," and "racist."
https://www.scmp.com/business/markets/article/3233495/china-stocks-face-earnings-downgrades-while-market-awaits-more-substantive-support-measures-bank
“ The CSI 300 Index, which tracks the largest onshore companies listed in Shanghai and Shenzhen, fell last month amid an exodus of foreign funds, hitting the lowest level since November on August 23.”
NDX100 just hit a 52 week high…
What ever happened to Huawei's CFO? Is she still locked up in Canada?
@mike norman
realsed in a deal.
@mike
It may have been the longest extradition hearing in Canadian history.
Thanks, Tom.
@ Peter Pan
The whole thing put the Canadian government in a bind in a pissing match between two giants. China seized a couple of Canadians, claiming they were spies and there was no connection. A behind-the-scenes deal was apparently reached where Huawei's CFO was released by Canada and the Canadians by China. So the US got to embarrass China at Canada's expense at no cost to itself, as it does with all vassals.
Not so much vassals when it come to interest rate policy…
Commonwealth nations have 3x “inflation!” rate of US and lower policy rates…
Canada and Australia just passed on another rate increase…
Biden people pissed they not doing enough to fight “inflation!”….
@ Tom
I believe Canada would have extradited her promptly if Washington had insisted. We are not sovereign when it comes to those types of requests, but it appears the change in administration left the issue in limbo. It was a disgraceful and pointless exercise.
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