Hit by US sanctions, Huawei doubles down on Chinese tech investments

Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world’s largest telecom equipment maker bolsters its supply chain in the face of pressure from the United States.

Habo Investments, set up by Huawei in April 2019, has closed 17 deals for stakes in Chinese tech companies since August last year, public records show.

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