Reuters exclusively reports Huawei gets U.S. approvals to buy auto chips - Reuters News Agency
Automotive

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

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
FILE PHOTO: People check a display near a Huawei logo during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo/File Photo
Sign up for email updates
Subscribe
Sign up for email updates