May 09, 2024 01:01 PM

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Daily Tech Roundup: Huawei Suffers Another Setback in U.S., Saudi AI Fund Willing to Divest China for Washington

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Qualcomm and Intel had their licenses revoked for exports to Huawei, affecting the sale of chips used in Huawei phones and laptops, Reuters reported. Photo: VCG

Qualcomm and Intel had their licenses revoked for exports to Huawei, affecting the sale of chips used in Huawei phones and laptops, Reuters reported. Photo: VCG

Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.

China opposes U.S. decision to revoke more export licenses to Huawei

China’s Ministry of Commerce is firmly opposed to the U.S.’ decision to further tighten semiconductor export restrictions against Huawei Technologies Co. Ltd., calling the move “economic coercion.”

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