News Snapshot:
Selena Li HONG KONG, (Reuters) – Huawei Technologies Co Ltd is a Chinese telecoms equipment company that has been granted a license in China. This allows the company to access capital from abroad as it seeks to increase its supply of silicon chip supplies in face of U.S. sanctions. US authorities claim that Huawei’s equipment might be used to spy on Beijing. They have imposed sanctions against the company, cutting off supplies of overseas chips and banning it from making its own. These allegations have been denied by Huawei repeatedly. The company did not respond immediately to Reuters’ request for...
