China's SMIC applies to renew licence to supply Huawei: state media

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China's Semiconductor Manufacturing International Corp (SMIC) has asked for approval from the United States to continue supplying Huawei ...

China's Semiconductor Manufacturing International Corp has asked for approval from the United States to continue supplying Huawei Technologies Co Ltd, state media outlet Beijing News reported on Tuesday, citing the company.

The company told the newspaper that it had, in accordance with regulations, it applied in the United States to continue supplying Huawei, and reiterated that it will abide by relevant laws and regulations in all countries and regions.SMIC did not immediately respond to a request for comment from Reuters.

Companies hoping to continue doing business with the smartphone maker must now first receive a licence from Washington. Huawei is a major customer for SMIC and generates 20per cent of the foundry's revenue, according to an analysis from Bernstein research.

 

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