Huawei, hit hard by the US trade ban that is depriving it of support from various semiconductor companies, including TSMC, has slowed down its pace of orders to its handset ODMs. Huawei now stands to lose a major portion of its shares to its competitors in China's smartphone market. The handset brand is not the only Chinese firm troubled by the US trade ban. Foundry startup HSMC's fate is in limbo after its investors - reportedly with connection to China's military - suspended funding, wary of possible US sanctions. The 5G era may not have seen a flying start, thanks to the coronavirus pandemic, but optical components makers expect order momentum from the 5G sector to start picking up in fourth-quarter 2020.
Huawei slows down orders to handset ODMs: Huawei has slowed down the pace of its orders to handset ODMs in China, as the impact of the latest US trade ban against the Chinese brand intensifies, according to sources at China-based handset ODMs.
China foundry startup facing uncertain future: Wuhan Hongxin Semiconductor Manufacturing (HSMC), a logic IC foundry founded in late 2017, has had its available production facilities left idle with its expansion project put on hold due to financial issues, according to sources familiar with the matter.
Order momentum for 5G, datacenter optical components to pick up in 4Q20: Demand for optical components from the datacenter and 5G sectors has been slow in third-quarter 2020, but order momentum may start picking up in the fourth quarter, according to industry sources.
