On the afternoon of June 18, ZTE Hong Kong shares continued to rise, influenced by the positive news of self-developed chip.
Before the deadline,ZTE Hong Kong shares rose 21.54% to HK $27.65。 Previously, ZTE said it had chip design and development capabilities, with 7Nm chip scale mass production, which has been commercially available in the global 5g scale deployment, and 5nm chip technology is being imported.
On the 17th, investors asked ZTE about the progress of 5nm chips.
In response, ZTE revealed,The company has chip design and development capabilities ,7 nm chips have been mass-produced, and in the global 5 G scale deployment to achieve commercial ,5 nm chips are being imported technology.
Xie Junshi, executive vice president and chief operating officer of ZTE, previously said that in the past three years, ZTE has spent 12.1 billion yuan on R & D every year, but it has not quickly turned into profit. ZTE needs to more quickly turn its technology leadership into market leadership, so as to improve its profit level, which has been adjusted accordingly.
He said that in the important chip supply, ZTE in chip R & D design capabilities are covered by the whole process. The earliest architecture design, simulation, front-end design, back-end physical implementation, seal design, package test and corresponding chip future failure analysis, etc., the whole life cycle can achieve R & D design. This is the absolute leading position in the industry.
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