Huawei's Domestic Chip Drive and Its Implications for Helium Imports
- AKAP
- Sep 21, 2023
- 3 min read
Huawei's development of a sophisticated homegrown chip for its Mate 60 Pro smartphone underscores China's commitment to reducing reliance on Western chipmakers. While the new chip may not represent a significant leap in technology, it signals China's progress in producing domestic chips, challenging foreign competitors. This drive toward self-sufficiency extends to various components, potentially affecting the semiconductor industry's demand for materials like helium, which plays a vital role in chip manufacturing. Considering China does not have significant domestic helium supply, it relies on countries such as Qatar and US for its helium.