Since 2019, Huawei has been facing a shortage of chipsets and other essential components. However, a recent report from WSJ suggests that Huawei is investing heavily in other chipmakers to gain momentum in the industry and resolve its current issues.
In the past six months, nearly half of investments in chipmakers is an effort to gain Huawei the required semiconductor access from different sources. The investment part is done by Huawei Hubble, an investment arm of the Chinese tech maker.
Data shows that Huawei Hubble has invested and is involved deeply in the semiconductor supply chain. Most of these investments are made in energy companies in manufacturing and designing chipsets as well as companies that can produce the related chipsets and materials. There is also a first that could provide chipset manufacturing equipment.
However, Huawei has not revealed the fund that is allotted and invested in these firms. However, an estimate of these investments could be around tens of millions of U.S. dollars in some firms.
Some industry analyst believes that Huawei is working to improve China’s chip supply chain sector. Not only Huawei, but other tech makers such as Xiaomi, Oppo, and Lenovo has also made such investments in the past. So, it’s nothing new in this matter.
The report suggests that Huawei wants to resolve its current chip crises by boosting investment in the chip industry and making the most out of these conditions that could be formed with the support of HiSilicon, a chip designing subsidiary of Huawei.
Currently, U.S. and Japan holds the top rank in terms of making semiconductor and leads the way. Although, the fund is not all China needs to couple up with the global supply chain industry but it’s still a dedicated amount that will bring the interest of other investors in the semiconductor industry to boost the production and yield in the country.
The report also suggests some of Hubble’s past year’s investments. In early December, was Jingtuo Semiconductor Technology Co, a Suzhou-based manufacturer of specialized equipment used to keep chip components clean during production. According to Jingtuo’s website, the company “contributes to the localization of semiconductor equipment in China”.
In August, Hubble acquired a nearly $46 million stake in Xuzhou B&C Chemical Co., a company that describes itself as China’s largest photoresist, a leading semiconductor material. In June, Hubble acquired Beijing’s RSLser Opto-Electronics Technology Co. Ltd., a manufacturer of high-powered lasers used in chip manufacturing.
Still, the investment has not been confirmed officially by Huawei.
Huawei has the capability to design chipsets but it cannot print them with chipset makers such as TSMC due to extended 2020 U.S. sanctions.
Meanwhile, Huawei continues to search for new solutions that could drive its way forward in the semiconductor industry. On the other hand, the Chinese tech maker has not laid off any chip engineer even after it cannot print them.
“They are continuing their work,” Huawei’s head of public affairs, Catherine Chen, said in June. “We are confident that the difficulties can be overcome in two to three years.”
(Source – WSJ)
Redmi Note 8 is receiving Xiaomi MIUI 12.5 Enhanced update
Xiaomi has started pushing an enhanced version of MIUI 12.5 for Redmi Note 8 smartphones in India. Though the update doesn’t appear with new features but brings significant optimizations as well as provides an upliftment to the system and security.
Redmi Note 8 MIUI 12.5 Enhanced update mainly optimizes algorithms, atomized memory, liquid storage, and smart balance for swifter performance and lower power consumption.
Apart from these optimizations, the update also installs the Android patch released in December 2021 to enhance the system security. In addition, it also boosts the functioning of the system and provides a better multiple tasks platform for the users.
Currently, the update is based on Android 11 and it is also eligible for the Android 12 update. Previously, Redmi Note 8 device received an MIUI 12.5 update with a slew of features including new wallpapers, redesigned UI, new sounds, and more.
About Latest Update:
MIUI 12.5 Enhanced update for Redmi Note 8 comes with the build number, V184.108.40.206.RCOINXM for Indian variants whereas the package size of this update is 656MB.
MIUI 12.5 Enhanced
- Swift performance. More life between the charges.
- Focused algorithms: Our new algorithms will dynamically allocate system resources based on specific scenes, ensuring a smooth experience on all models.
- Atomized memory: Ultra-fine memory management mechanism will make RAM usage more efficient.
- Liquid storage: New sensitive storage mechanisms will keep your system vibrant and responsive as time goes by.
- Smart balance: Core system improvements allow your device to make the best of the flagship hardware specs.
How to update
- Firstly, open your device Settings.
- Then, hit on the About phone option.
- Click on the MIUI version.
- Tap on the Download and Install.
- Reboot your smartphone and it is fone
About Redmi Note 8 Smartphone
Xiaomi Redmi Note 8 features 6.3-inch IPS LCD display with a resolution of 1080 x 2340 pixels and 409 PPI (aspect ratio is 19.5:9). The handset is powered by an octa-core Qualcomm Snapdragon 665 and an Adreno 610 GPU.
The smartphone packs a non-removable battery of 4000mAh with 18W fast charging support. It equips a quad-camera setup at its rear side including a 48MP, (f/1.8 aperture) Primary Camera, 8MP (f/2.2 aperture) Ultra-Wide Camera, a 2MP (f/2.4 aperture) Macro Shooter, and a 2MP (f/2.4 aperture) Depth Shooter. There’s a 13MP front camera for selfie lovers.X
Huawei Hubble officially entered the private equity fund industry
Huawei Shenzhen-based Hubble Technology is a subsidiary that fully focuses on making investments in the market. On January 14, 2022, Huawei Hubble has officially completed the registration of private equity fund managers. Now, the institutional type is private equity and venture capital fund managers.
According to the information, Hubble Technology Venture Capital Co., Ltd was established on April 23, 2019, with a registered capital of 3 billion yuan in Futian District, Shenzhen.
Now, Huawei Hubble has officially entered the private equity fund industry. In the coming future, private equity fund products will be established to raise funds for individual and institutional qualified investors for equity venture capital.
What are private equity funds?
Private equity funds are closed-end funds that are considered an alternative investment class. Because they are private, their capital is not listed on a public exchange. These funds allow high-net-worth individuals and a variety of institutions to directly invest in and acquire equity ownership in companies.
Huawei Hubble executives:
Hubble Investments’ legal representative, president, and general manager is Bai Yi, which is currently president of Huawei’s Global Financial Risk Control Center. Since August 1997, he is serving Huawei.
He has served as an employee of the R&D Department, Director of the Research Institute Cooperation Department, and Deputy Director of the Corporate Development Department. Also, he has been in the positions of President and Vice President in other departments. In April 2019, Bai Yi took over as the CEO of Hubble Investments.
Hubble Investments Compliance Risk Control Officer Kong Yan is also a veteran Huawei employee. In February 2006, she joined Huawei Technologies as a Project Finance Officer in the Regional Financial Management Department.
In July 2012, she became a financial specialist in Huawei’s operations management division. Further, she began working at Hubble Investments in January and became a director of the company.
Hubble Investment is fully operated by Huawei and jointly owned by the Huawei Investment Holding Co., Ltd. Trade Union Committee and Ren Zhengfei, of which Huawei’s founder Ren Zhengfei holds 0.75. % of shares.
Hubble Investments currently has about 50 foreign investment companies, covering manufacturing, scientific research, technical services, information broadcasting, finance, etc., covering chips, semiconductors, artificial intelligence, and other fields.
In November 2021, Hubble Investments has undergone an industrial and commercial transformation, and its business scope has added private equity investment fund management and venture capital fund management services.
Huawei trademark applications for ‘Petal Search’ again got rejected
According to the China Intellectual Property database, Huawei filled registration for several Petal Search trademarks in 2021. Among them, the Huawei Petal Search trademarks with application numbers 52765919 and 52774570 got rejected in China.
The Petal Search is Huawei’s own search engine service similar to Google Search, which was already launched for global users in 2020. Following this, the Chinese tech maker has recently opened the Petal Search engine on the home ground. However, due to some reason, it was closed in less than a day of opening.
The information discloses that after the initial rejection of the Petal Search trademark, Huawei did not accept the rejection and applied for the re-examination of the trademark to the corresponding office.
The trademarks review states that both the Petal Search trademarks contain the word “Petal”, which was also included in the cited trademarks. So, their use in the same services can easily cause confusion among the consumers that’s why it was not approved.
On the other hand, Huawei also failed to submit sufficient evidence that proves or differentiates these new trademarks from citied trademarks. Hence, the trademark applications for Petal Search got rejected again.
Huawei Petal Search engine:
The Petal Search web engine has owns all the services that a search engine has and also provides localized search services based on user search habits. It can accurately food, clothing, housing, and transportation to local users, and users can enjoy a one-stop service from search to shopping.
Based on the application of big data, AI, NLP, and other technologies, Petal Search also provides visual search and voice search functions to achieve accurate identification of search content. The Petal Search serves the extreme needs of the user’s search efficiency and also supports multiple languages to meet the diverse search needs of the users. Also, the users can use different languages to get more accurate information and experiences suited to their features.