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Huawei crackdown

Exclusive: Huawei stockpiles supplies, fearing new US tech ban

China's biggest telecoms company asks Asian suppliers for up to a year's inventory

Ren Zhengfei, Huawei's founder, has claimed the impact of any new US tech ban against China's biggest telecoms company "would not be very significant"  (Nikkei montage/Reuters)

TAIPEI -- Huawei, the Chinese telecoms giant that Washington views as a global security threat, is scrambling to stockpile up to a year's worth of foreign supplies for its core telecoms equipment business ahead of a widely-expected toughening of U.S. technology sanctions that may come as soon as next month, multiple sources told the Nikkei Asian Review.

The new U.S. measures, which Huawei and its suppliers fear could amount to a U.S. technology quarantine of the world's largest telecoms equipment maker, underlines how the two countries' battle for global technological and military supremacy continues unabated even though Washington and Beijing signed a phase one trade deal last week.

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