October 4, 2020

Latest Tech News – Sony, Memory Chipmaker Kioxia Seeking US Approval to Supply to Huawei: Report

Japan’s Sony and memory chipmaker Kioxia Holdings have utilized for US approval to proceed to supply Huawei, Nikkei reported on Sunday. If confirmed, the transfer follows different tech firms akin to Intel Corp that just lately acquired licenses from US authorities.

With US-China ties at their worst in a long time, Washington has been pushing governments round to world to squeeze out Huawei, arguing that the telecoms big would switch information to the Chinese authorities for espionage.

Huawei is likely one of the high prospects for Sony’s picture sensors for smartphones. Kioxia Holdings is the world’s No. 2 maker of flash reminiscence chips and a Huawei provider.

Nikkei said without US licenses, Sony and Kioxia would face threat to their earnings.

Kioxia warned that US curbs on Huawei might set off reminiscence chip oversupply and decrease costs. It just lately shelved a plan for a multi-billion greenback itemizing as US-China tensions cloud the worldwide chip market.

A Sony spokeswoman mentioned the corporate was in compliance with all lawshowever, couldn’t touch upon explicit shoppers.

A Kioxia spokesman additionally declined to remark.

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