AP on May 18, CITIC Securities commented on the U.S. restrictions on Huawei upgrading. In the past year, Huawei has basically realized self-study substitution or non-U.S. supplier switching at IC design end, while Huawei at manufacturing end is still highly dependent on TSMC, and upstream semiconductor equipment and EDA software are still monopolized by U.S. manufacturers, which has become a key pressure direction of the U.S. In extreme cases, Huawei may face a short-term supply cut after the implementation of the regulations, and China may make some counter-measures. Huawei itself is prepared for inventory and other aspects. In the medium and long term, China and the United States have diverged in science and technology, and the industry has accelerated the closed-loop. The core logic of Chinas semiconductor industry is a decade of independent control, which will benefit the development of semiconductor industry for a long time.
Extended reading: Huawei is urgent to buy back up to 6.7% of the shares of 7 billion US dollars of large soft bank from TSMC. Ma Yun will resign as a director. Apple: nearly 100 retail stores around the world need to wear masks when they reopen. Source: Financial Association editor in charge: Wang Fengzhi ufe50 nt2541