Many companies, including Chinese tech giant Huawei, were largely affected by the US ban. However, China’s technology sector has recovered from that ban. Because companies are making different types of microchips as an alternative. A unit of Huawei Technologies is currently exporting new Chips made in China for surveillance cameras. Experts see it as an attempt by the Chinese tech giant to avoid the impact of the US export ban. Reuters reports.
Exports from Huawei’s Hi-Silicon chip design unit were launched this year. There were some local Chinese surveillance camera manufacturers there. Huawei Technologies has recently unveiled a new smartphone Mate 60 Pro in the high end or flagship category in the Chinese market.
Industry insiders believe that the chip market may be disrupted in the future as surveillance chips are considered easier to make than smartphone processors. Huawei is bypassing US restrictions on chip design software to revive itself, tech experts say. In March, Huawei announced that it had made progress in the design tools of the 14-nanometer chip.
Hi-Silicon primarily supplies chips for Huawei. But they also have outside customers like Dahua Technology and Hikvision. It was the dominant chip supplier in the surveillance camera sector before U.S. export control efforts. Brokerage Southwest Securities forecast its global share to grow nearly 60 percent in 2018.
According to consulting firm Frost & Sullivan, the global market share of Hi-Silicon is expected to fall to 3.9 percent by 2021.