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Huawei crackdown

Huawei licenses 4G tech for '30m Volkswagen cars'

Chinese tech company pushes to monetize its wireless tech amid US crackdown

Huawei is looking to turn its trove of wireless technology into a new revenue stream by licensing patents to automakers and suppliers.      © Reuters

TAIPEI -- Huawei Technologies said on Wednesday its wireless technology will be used in 30 million Volkswagen cars after the Chinese company inked a licensing deal with a supplier to the world's largest carmaker.

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