News Snapshot:
HONG KONG: Chinese telecoms equipment giant Huawei Technologies Co Ltd has secured a license in China to seek outside capital as it seeks to boost its supply of silicon chips in the face of US pressure. The United States, which alleges that Huawei equipment could be used by Beijing for espionage, imposed sanctions on the company which cut off its supplies of many chips abroad and effectively prevented it to build his own. Huawei has repeatedly denied these allegations. He did not immediately respond to a request for comment from Reuters on Wednesday. Habo Investments, established by Huawei in April...
