US gives big blow to Huawei, $ 123 billion turnover in threats
US gives big blow to Huawei, $ 123 billion turnover in threats
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The US has imposed new restrictions on Huawei. After which America's dispute with China in the field of global technology is deepening. US sanctions on Huawei have deepened the dispute with Beijing. It is believed that this step can disrupt the technology industries across the world.

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Huawei Technology Limited is one of the largest manufacturers of smartphones and network devices, but Washington has banned the use of processors and chips made by foreign companies by American companies. Due to which the annual turnover of 123 billion dollars has been endangered.

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On Monday following the US move, China's Ministry of Commerce warned that it would "protect the legitimate rights and interests of Chinese enterprises", but the US did not provide any information on how to respond to the ban. On the other hand, Beijing has threatened to release a "list of untrusted entities" in the coming years, pointing to restricting the operations of American companies in China.

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