Chip Factory Plan from Huawei

Chip Factory Plan from Huawei Chip factory plan from Huawei. The China-based technology company plans to open its own chip factory to eliminate its dependence on US technology. The company aims to produce chips for the Internet of Things and 5G technology in the newly planned factory. At the meeting of the Central Committee of the Chinese Communist Party, the country's 5-year road map was determined. Another highlight of the meeting was independence in technology. The first news on this subject started to come. According to the report compiled by the British daily Financial Times, Chinese technology company Huawei plans to establish its own chip factory in order to end its dependence on US technology. With the factory expected to be established in Shanghai to produce chips without American technology, it is aimed to eliminate the increasing US sanctions. According to the report, Huawei, which has no experience in chip production, is planned to be supported by a research organization called Shanghai IC R&D Center, which is also supported by the city government, for the new chip factory. Among the targets in the newspaper's report are the development of chips for the internet of things and 5G technology in the planned new factory.