Trade Group Issues Warning Regarding Huawei’s Secret Network of Chips
Huawei Technologies Co is building a collection of secret semiconductor manufacturing facilities across China to help the company bypass US sanctions, a Washington-based semiconductor association warned, Bloomberg News reported on Tuesday. The Chinese tech giant moved into chip production last year and is receiving an estimated $30 billion in state funding from the government, the semiconductor industry association said, adding that Huawei has bought at least two existing factories and is building three more. The US Department of Commerce added Huawei to its export control list in 2019 for security…
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