Huawei's latest development is making waves in the tech world. During a recent lecture, Huawei's CEO, Ren Zhengfei (also known as '余承东'), proudly showcased the Mate 70 smartphone, boasting that it has achieved a significant milestone - 100% domestic chipset. This means that the entire chip production process, from design to manufacturing, is now entirely carried out within China.

According to reports, this achievement is a major breakthrough for Huawei, as it allows the company to have full control over the chipset design and production process. This, in turn, enables Huawei to tailor the chipsets to meet the specific needs of its smartphones, leading to improved performance and efficiency.

Having achieved this milestone, Huawei is poised to become a major player in the global chipset market. The company's commitment to domestic production is a significant step towards self-sufficiency and will likely have far-reaching implications for the tech industry.

As the world becomes increasingly dependent on technology, Huawei's achievement is a testament to the company's dedication to innovation and self-reliance. With this breakthrough, Huawei is set to shake up the industry and possibly disrupt the existing chipset market dynamics.