Intel Corp has received licences from U.S. authorities to continue supplying certain products to Huawei Technologies, an Intel spokesman said on Tuesday. Last week China’s Semiconductor Manufacturing International Corporation confirmed it had also sought permission to continue servicing Huawei. SMIC uses U.S.-origin equipment to make chips for Huawei and other companies. South Korean chipmaker SK Hynix also applied for U.S. licence for Huawei sales, but it has not yet gained approval, a person familiar with the matter said.
(Reuters, September 22)
Shobhit Srivastava's key takeaways:
- These components are likely destined for Huawei’s notebook business – a relatively small unit.
- A change of the current US administration may be the best hope Huawei has for a reversal of policy which is destroying their handset business.