US permits Intel to supply some technologies to Huawei

Intel Corp has received licences from US authorities to continue supplying certain products to Huawei, an Intel spokesperson said on Tuesday. From September 15, new curbs have barred US firms from supplying or servicing Huawei. Last week, China’s SMIC also sought permission to continue servicing Huawei. S Korean Chipmaker SK Hynix also applied for the some but did not gain approval. Some observers compare the current scenario to the ‘Cold War’ arms race.

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