Huawei to stop smartphone chip production due to US sanctions

Beijing (AFP) Aug 8, 2020

Chinese telecom giant Huawei said production of its most advanced smartphone chips would stop in September due to US sanctions, causing a "huge loss". Huawei - the world's biggest producer of telecoms networking equipment - has become a pivotal issue in the geopolitical standoff between Beijing and Washington, which claims the firm poses a significant cybersecurity threat. Huawei CEO Y