US sanctions are squeezing Huawei, but for how long?

Huawei's growth slowed in 2020, as it had trouble securing the state-of-the-art chips.


Huawei, the crown jewel of China’s tech industry, is reeling from a financial one-two punch delivered by US chip sanctions and a campaign aimed at cutting international markets.

But with Huawei rapidly expanding into new markets and the Chinese government investing heavily to gain technological independence from the West, that leverage may not last for long.

Read More: Wired

 

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