Huawei is accused by a semiconductor manufacturers association of setting up secret chip-making facilities in China to evade U.S. sanctions. The Guardian reports: The Chinese tech firm moved into chip production last year and was receiving an estimated $30 billion in state funding from the government, the Washington-based Semiconductor Industry Association was quoted as saying by Bloomberg, adding that Huawei had acquired at least two existing plants and was building three others. If Huawei is constructing facilities under names of other companies, as the Semiconductor Industry Association alleges, then it may be able to circumvent U.S. government restrictions to indirectly purchase American chip-making equipment, according to Bloomberg.
Huawei Accused of Building Secret Microchip Factories To Beat US Sanctions
By Thai News
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