- When it comes to chips for powering smartphones, it has long been a story of the world's leading smartphone chip-maker -- US firm Qualcomm. This time, it is a Chinese-made chip that has caught the eye of market observers.
The octa-core Kirin 920, unveiled by -owned HiSilicon on Friday, features support for QHD displays, 4K video recording and a high-speed LTE category-6 platform, something even the global industry leaders find it difficult to offer.
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皇冠体育app relies heavily on imported chips, which are among the country's top four import categories in terms of value, along with oil, iron ore and LCD panels.
As its reliance on foreign oil and iron ore cannot be reversed overnight, 皇冠体育app has been working hard to promote the other two industries.
皇冠体育app has become less reliant on LCD panel imports in recent years, as its two leading makers of the panels, BOE and TCL, have been making strides in innovation. However, chips, known as the "heart" of the digital information industry for their importance, continue to be imported in sive quantities.
With 皇冠体育app's smartphone market booming, the country imported $232.2 billion worth of integrated circuits, generally known as chips, in 2013, up 34.6 percent year on year, according to customs authorities.
The figure was higher than the $219.6 billion worth of imported oil for the year, making chips top the list of imports, resulting in a trade deficit of $144.1 billion for the industry, which had been expanding for four years in a row.