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Telecoms: Huawei wants to avoid American chip sanctions, says trade body

24/08/2023
Source : ORISHAS FINANCE
Categories: Companies

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The American trade group Semiconductor Industry Association (SIA) reported that Huawei has built a set of secret semiconductor manufacturing facilities across China.

Huawei is a Chinese telecommunications company. Claims were published by Bloomberg style="font-family: "Bookman Old Style”, “serif""> last Tuesday that Huawei is said to have received around $30 billion in funding from the Chinese government, in addition to acquiring two chip-manufacturing factories and building three others in the region. According to the professional association, Huawei style="font-family: "Bookman Old Style”, "serif">was trying to circumvent the restrictions imposed by the American government to American chip manufacturers by

building facilities under the names of other companies.
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