The US has revoked licences that allowed US companies to ship chips used for laptops and handsets to Huawei.
revoked licences that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecommunications equipment makerA fourth person said some of the companies were notified on Tuesday that their licences were revoked effective immediately. The US commerce department earlier in the day confirmed it had revoked some licences but stopped short of naming the companies.
“We have revoked certain licences for exports to Huawei,” the commerce department said in a statement, declining to specify which ones it had withdrawn. Intel has also been facing weak demand for its traditional data centre and PC chips. Last month, it lost US$11-billion in stock market value after forecasting second-quarter revenue and profit below market estimates.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei launches eKit brand for SMEs at the China (Shenzhen)-South Africa Investment Promotion ConferenceIT Industry News. Daily.
Read more »
Huawei Pura 70 series sports latest made-in-China chipThe Pura 70 series Huawei unveiled last week sports the Kirin 9010 processor, TechInsights found in a teardown.
Read more »
US voids Qualcomm and Intel licences to sell chips to HuaweiHouse Foreign Affairs Committee Chairman Michael McCaul says the US wants to prevent China from developing advanced AI.
Read more »
Huawei MateBook X Pro updated with flexible OLED display and ultralight bodyThe 2024 Huawei MateBook X Pro has been refreshed this year with a new 980g body and Intel Ultra 9 processors.
Read more »
Meet HUAWEI WATCH FIT 3: A New Era of Trendy, Tech-Advanced SmartwatchesAfrican tech news, innovation, geek culture, games and more
Read more »
Huawei launches rebranded Pura 70 seriesHuawei’s Pura 70 series represents a significant rebrand for its smartphones, with the company adopting a fashion-forward approach for the lineup.
Read more »