to Huawei, denying licenses to sell chips to Huawei for use in or with 5g devices.
Auto chips are generally not considered sophisticated, lowering the bar for approval. One person close to the license approvals said the government is granting licenses for chips in vehicles that may have other components with 5g capability. A Huawei spokeswoman declined to comment on the licenses, but said: “We are positioning ourselves as a new component provider for intelligent connected vehicles, and our aim is to help car OEMs build better vehicles.”
Huawei reported its biggest ever revenue drop in the first half of 2021, after the US restrictions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured.