Is it true that Huawei acquired Huawei Microelectronics?

It is true that the company acquired China Microelectronics.

Huawei Microelectronics was acquired by Huawei on April 6, 2023, and * * * co-founded Huawei Core Micro Brand to develop independent chip design for Huawei.

Hua Microelectronics has been involved in the field of chip manufacturing for many years before it was acquired, and has certain technical accumulation and production capacity. After Huawei acquired China Microelectronics, it can use the existing technology and production capacity to accelerate Huawei's R&D and production process in the chip field and improve its market competitiveness.