25 August 2021, 2:10 pm. 1 minute
Reuters exclusively reported that U.S. officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business. Sources said the U.S. has granted licenses authorizing suppliers to sell chips for components such as video screens and sensors. The approvals come as Huawei pivots its business toward items that are less susceptible to U.S. trade bans.
Topics of Interest: Automotive
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story