Huawei wants to jump back into the global 5G phone race
The Chinese company has been developing chipmaking equipment and software to skirt US sanctions
China's top chipmaker claims that smartphone, PC demand has declined substantially
Mainly in China, Russia, and Ukraine
China's SMIC pours $8.87 billion into building a new chip plant in Shanghai
The planned capacity is 100,000 wafer starts per month
China will use aging chips while its semiconductor industry catches up
A bold plan to get around US export controls
Trump administration hits China's largest chip manufacturer SMIC with sanctions
A move likely to worsen US-China relations