Huawei gets licence in China to raise external capital to shore up chip supply

Huawei gets licence in China to raise external capital to shore up chip supply

REUTERS/Hannibal Hanschke/Files

Chinese telecoms equipment giant Huawei Technologies Co Ltd has obtained a licence in China that allows it to seek external capital, as it works to shore up its supply of silicon chips in the face of U.S. pressure.

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