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NIO's first self-developed chip will be manufactured by Samsung, with the research and development team led by a former Huawei HiSilicon executive.
On Wednesday, the U.S. Department of Commerce restricted Huawei's access to American technology, banning the company from buying U.S. technology without special approval.
Huawei said that it will hand out $286 million in cash bonuses and double almost all employees’ monthly salaries for October as a reward for mitigating the impact of its US blacklisting.
At the ARM China Media Communication Conference on September 25, ARM Holdings clarified that their cooperation with Huawei and HiSilicon will not be affected by the current US sanctions against Huawei.
Recently, Huawei's chip company HiSilicon (Shanghai) Technology Co., Ltd. announced it will sell its 4G communication IoT chip - the Huawei Hisilicon LTE Cat4 platform Balong 711 for the first time.