With this strategic launch, Huawei is aiming to gain a foothold in the burgeoning 5G market.

On Thursday, Chinese telecom equipment giant, Huawei Technologies Co Ltd, introduced Tiangang – its first 5G base station chipset, saying it increases computing power by 150%.

Although Huawei has been using its chipsets in its high-end smartphones as well as server products, it said it has no intentions to become a standalone semiconductor vendor.

The strategic move is probably aimed at deflecting attention from U.S. chipmakers such as Qualcomm Inc and Intel.