Commerce Secretary Gina Raimondo downplayed China-based Huawei Technologies’ latest microchip breakthrough, arguing that the U.S. remains years ahead.
Despite a chip breakthrough by China's Huawei, the country remains years behind the U.S. in the advanced technology, Raimondo said.
The comments, made on CBS News'"60 Minutes," are in line with the Commerce secretary's stance that the Biden administration's restrictions on chip sales to China are working, despite an advanced made-in-China chip surfacing in a Huawei phone last year.
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