Feb 12, 2019 05:32 PM

Tuesday Tech Briefing: Huawei Third in Worldwide Semiconductor Consumption

1.Huawei Third in Worldwide Semiconductor Consumption

Semiconductor spending by Chinese telecom equipment-maker Huawei hit $21.1 billion in 2018, up 45% from the previous year, making it the third-largest global chip consumer among original equipment manufacturers (OEMs) for the first time, according to data released by Gartner.

China’s Xiaomi Corp. also made into the top 10 for the first time; its chips spending climbed nearly 63% to $7.1 billion in 2018. Four Chinese OEMs, including Lenovo and BBK Electronics, ranked in the top 10. (Gartner)

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