SINGAPORE—Huawei Technologies plans to roll out its most advanced domestically made phone chip, people familiar with the matter said, showing how the company is able to make strides in semiconductors despite U.

The iPhone manufacturer saw its sales decline year-on-year by "double digit percentages" from Oct. 18 to Nov. 10, the research consultancy said. In comparison, its main rival in China, Huawei, recorded 7% sales growth, fueled by price cuts on its Pura 70 and Mate 60 models. Xiaomi also saw sales decline, with volumes falling 6%.

President-elect Donald Trump has vowed to impose a staggering 60 per cent tariff on Chinese-made goods and a 10-20 per cent tariff on all US imports – a move that could significantly impact American companies,

Huawei continues pushing forward in the tech industry amid severe trade restrictions by the United States. The company, which designs its own mobile SoCs,

Huawei Technologies' intends to begin mass-manufacturing of its most advanced AI chips in the first quarter of 2025, despite U.S. curbs.