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The Nexus
TECHNOLOGYJul 24 · 09:00 UTCFOX NEWS

China’s routing of Biden in chip war with US created a communist tech giant

China's state support for Huawei, including government grants and procurement mandates, has led to a projected 60% increase in the company's chip revenue despite U.S. export controls. The Biden administration's restrictions, aimed at limiting Huawei's access to advanced semiconductors, have instead spurred China's shift toward domestic tech reliance, with Huawei becoming a central pillar of its strategy.

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