SINGAPORE—Huawei Technologies plans to roll out its most advanced domestically made phone chip, people familiar with the matter said, showing how the company is able to make strides in semiconductors despite U.

Huawei is set to launch the Mate 70 series featuring its most advanced domestically-made chip, challenging Apple's dominance in China's high-end smartphone market despite U.S. sanctions.

Huawei continues pushing forward in the tech industry amid severe trade restrictions by the United States. The company, which designs its own mobile SoCs,

Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.