Losing Huawei business could cost US tech companies $11B
ABC News 10 -

New U.S. measures that restrict exports to Huawei could cost Silicon Valley billions in lost revenue.

The world's biggest telecommunications equipment supplier and No. 2 smartphone seller relies on dozens of American tech companies for key components.

China's Huawei bought $70 billion worth of components and parts last year from 13,000 suppliers. Of that, about $11 billion was spent on products from dozens of U.S. businesses, including computer chips from Qualcomm and Broadcom, as well as...

Read this story at

Loading...

Related Articles