Huawei more than doubled its third-quarter earnings thanks to the shocking release of the 5G Mate 60 series.
On the last day of August, Huawei shocked the smartphone industry by announcing its new Mate 60 flagship line. The company, despite facing U.S. sanctions that prevent it from obtaining cutting-edge chips, equipped the Mate 60, Mate 60 Pro, Mate 60 Pro+, and the Mare 60 RS with a 7nm homegrown Kirin 9000s application processor (AP) that supports 5G. The Mate 60 series featured the first 5G phones from Huawei since 2020’s Mate 40 series which was powered by the Kirin 9000 chipset.The introduction of the Mate 60 series with its 5G chipset shocked the smartphone world
The chip was reportedly made by China’s largest foundry, SMIC, which is limited to previous-generation lithography equipment. Still, with tools obtained from other companies, SMIC used its Deep Ultraviolet Lithography machine and was able to give Huawei the 5G chips its previous flagship phones were unable to use. The Mate 50 series from 2022 and the P60 line from earlier this year were powered by the Snapdragon 8+ Gen 1 SoC. Huawei received a license allowing it to buy the older but still powerful chip because it was tweaked so as not to support 5G signals. But thanks to the Mate 60 line and the Kirin 9000s AP, Huawei sent a jolt of electricity through the Chinese smartphone market which is the top smartphone market in the world ahead of India and the U.