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Huawei crackdown

Huawei blames US for global chip supply crunch

Chinese tech titan says sanctions have spurred damaging 'panic-buying'

Huawei Rotating Chairman Eric Xu says U.S. sanctions on Chinese companies has spurred a rush to stockpile chips and other components. (Source photos by Reuters and AP)

TAIPEI -- Huawei Technologies on Monday blamed the U.S. for the chip crunch rocking the global tech industry, saying Washington's sanctions against Chinese companies have spurred panic buying of semiconductors and other supplies.

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