Reuters exclusively reports Huawei gets U.S. approvals to buy auto chips

Last Updated on 04/09/2021 by


Automotive

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. 

Article Tags

Topics of Interest: Automotive

Type: Reuters Best

Sectors: EquitiesTechnology

Regions: AmericasAsia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story



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