Technology Aug 04, 2020 11:24 AM (GMT+8) · EqualOcean
Huawei has placed an order with MediaTek (2454:TW), intending to purchase over 120 million smartphone processors, according to an industry source. A few days earlier, the Chinese company announced its major license deal with Qualcomm (QCOM:NASDAQ). Remaining in the Trump administration's scope, Huawei is hedging risks by contracting major hardware providers with a significant presence on the Asian continent. The localization trend is likely to stay for a while.

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