Huawei's operating system in pipeline

Huawei Technologies Co seems to be moving very fast to prepare for the launch of its self-developed operating system, as the Chinese tech giant has reportedly shipped 1 million smartphones with the software onboard for testing.

The move is part of Huawei's broader effort to offset the fallout of the US administration's ban on the world's second-largest smartphone vendor and the world's largest telecom equipment maker.

The agency-only institutional brokerage firm Rosenblatt Securities said in a smartphone supply chain report that Huawei has allegedly shipped 1 million smartphones with its self-developed "HongMeng" operating system onboard for testing.