09:35 AM EDT, 05/09/2024 (MT Newswires) -- Huawei's latest high-end phone is comprised of more Chinese-made parts, including a new flash memory storage chip and an improved chip processor, Reuters reported, citing a teardown analysis it commissioned.

The news comes in the wake of the US Commerce Department's recent decision to revoke Intel's ( INTC ) and Qualcomm's ( QCOM ) licenses to export chips to China.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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