Huawei's chip arm HiSilicon says it has long been preparing for US ban scenario

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https://www.straitstimes.com/asia/east-asia/huaweis-chip-arm-hisilicon-says-it-has-long-been-preparing-for-us-ban-scenario

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Huawei licenses technology for chips from companies from companies that complies with export blacklist. Current chips can continue be made but they can not get licensed for updated version of technology.