Huawei has bought shares in Chinese semiconductor and tech companies as the worlds largest telecoms equipment maker supports its supply chain under the current tension with the US.
The US have implemented trade restrictions with Huawei as they believe there’s a security risk with sharing data to the tech company. Huawei’s investment in other companies comes as the US have restricted their chips being imported.
The investment is aimed to support their domestic supply chain partners to become more mature. It also supports the Chinese governments efforts to boost their semiconductor sector. They are refocusing on domestic businesses as they have no choice but to invest outside of the company due to the continued restrictions on their goods.
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