China’s Ministry of State Security made the claims in a report titled “Uncovering the main despicable means of cyberattacks and secret theft by US intelligence agencies”

Huawei’s planned event comes on the heels of Apple’s iPhone 15 launch event held on Tuesday, which received mixed reactions in China

The reported ban coincides with rising tensions between Beijing and Washington, and signals growing challenges for Apple

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

Sources say staff were given instructions to also not use other foreign-branded devices or bring them into the office

If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week

New Delhi’s licensing demands on the import of laptops, tablets and personal computers will particularly hit Chinese firms

Industry observers say the sanction-hit Chinese tech giant will be able to source the advanced chips needed domestically by the end of the year

The US sanctions-hit tech giant said it aims to help clients build and train their artificial intelligence (AI) models with its homegrown processors and framework

The Chinese tech giant was cut off from software core to the company's operations by several successive rounds of US trade sanctions

The firm said it was now "out of crisis mode” following years of painful US curbs and sanctions that blitzed its telecoms business

The Chinese tech giant lost access to the software in 2020 due to sanctions imposed by the US and saw its smartphone sales tank as a result