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US approves Huawei purchases of auto chips: report
The Hill via Microsoft News ^ | August 25, 2021 | Mychael Schnel

Posted on 08/25/2021 9:39:38 AM PDT by packagingguy

Citing two people familiar with the matter, Reuters reported that the license applications the U.S. accepted are worth hundreds of millions of dollars.

The reported deal marks a significant victory for Huawei, whose business efforts have been stymied by strict restrictions imposed by both the Biden and Trump administrations.

The Trump administration enacted trade restrictions on the sale of chips and other parts used in its network technology and smartphones businesses, according to Reuters.

Additionally, the Biden administration has thus far reinforced a hard line on exports to Huawei, rejecting licenses to sell chips to the company to be used in or with 5g devices, the news wire noted.

In recent weeks and months, however, sources told Reuters that the U.S. has bestowed licenses allowing suppliers to sell chips to Huawei for various vehicle parts, including video screens and sensors.

(Excerpt) Read more at msn.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Government
KEYWORDS: automotive; biden; china; chips; corruption; semiconductors; trade
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So while we face a shortage of computer chips for the automobile industry, under the Biden administration Huawei (CCP-connected company) can now purchase chips from the United States.

Wonder if there is 10% for the big guy in this deal?

1 posted on 08/25/2021 9:39:38 AM PDT by packagingguy
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To: packagingguy

POP GETS HIS CUT


2 posted on 08/25/2021 9:42:10 AM PDT by Col Frank Slade
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To: packagingguy

China gets what china wants, in this admin and in Congress.

Everyone is bribed or blackmailed, or both. Honey pots galore.

The entire fedgov, including 90% of congress, needs flushing.


3 posted on 08/25/2021 9:43:17 AM PDT by Basket_of_Deplorables (Convention Of States is our only hope now! Desantis 2024!!!)
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To: packagingguy
Wonder if there is 10% for the big guy in this deal?

Maybe. The Chinese understand the stick (Hunter's laptop and more) and the reward (Hunter's billion dollar deal). It appears Biden is owned by the CCP.

4 posted on 08/25/2021 9:43:40 AM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries. )
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To: packagingguy

China Joe to the rescue….+10%


5 posted on 08/25/2021 9:45:18 AM PDT by Hogblog
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To: packagingguy

I’m not necessarily opposed to Chinese purchasing US made chips. Yes there is a shortage, but making Chips in the USA requires a market, and if we have buyers we will concurrently increase capacity.


6 posted on 08/25/2021 9:51:26 AM PDT by Bayard
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To: packagingguy
More details here...

Huawei unit signs chip supply chain deal with China partner Agreement between HiSilicon and Shenzhen toolmaker aimed at beating US pressure

And now I have more questions for car dealers because I won't buy a new car, and God knows we're trying, with these in it.

And is anyone else wondering if this deal is the real reason for our alleged chip/car shortage...

7 posted on 08/25/2021 9:51:40 AM PDT by mewzilla (Those aren't masks. They're muzzles. )
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To: marktwain; packagingguy; Basket_of_Deplorables

Not just Biden, as I am certain you all agree.

To me, the proof was undeniable that large sums of money had been funneled by the Communists through the Biden Family to Joe Biden himself. There was a patriot, a former Naval Officer who was in business and realized what was going on and came clean. He was eloquent, persuasive, and clearly an insider on the China-Biden Team.

It made no difference. Zero. I think he has gone into hiding.

And never mind the laptop. That alone would have been sufficient to torpedo any uncorrupted election campaigner.

Instead...nothing. Almost a resume enhancer. And those of us paying attention DID notice how quiet the Republicans were in all of this. Barely a peep. If that. I suspect most of the Republican Party are in this money/blackmail up to their necks as well. Mitch McConnell, married to Elaine Chao...enough said.

I have been of the opinion for some time now that the politicians not bought off with Communist money or rendered unable to cast a principled vote due to Communist blackmail is a small minority.

I think Basket_Of_Deplorables is correct here. We need to do something, a total flush, or we won’t even have the option of saving our country.

And the people who should be flushed aren’t going to be washed off the gravy train without a fight. We are going to find out that never allowing your country to fall into the thrall of corrupt, grifting Marxists is far, FAR easier than having to fight your way out once it has been taken over.


8 posted on 08/25/2021 9:56:48 AM PDT by rlmorel (Leftists are The Droplet of Sewage in a gallon of ultra-pure clean water.)
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To: Basket_of_Deplorables

“China gets what china wants, in this admin and in Congress.

Everyone is bribed or blackmailed, or both. Honey pots galore.

The entire fedgov, including 90% of congress, needs flushing.”

Once you accept this as reality, everything makes sense.


9 posted on 08/25/2021 9:58:02 AM PDT by ebshumidors ( )
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To: Basket_of_Deplorables

“According to recent lobbying filings, Huawei hired former Rep. Lee Terry (R-Neb.); Glenn LeMunyon, a former aide to former House Majority Whip Tom DeLay (R-Texas); and Stephen Binhak, a former prosecutor in the Whitewater investigation into former President Clinton. All three run their own firms.”

- from a linked article


10 posted on 08/25/2021 10:02:07 AM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: packagingguy

“The company made headlines last month when it hired three new lobbying firms after the Biden administration signaled that it was keeping Trump-era policies in place that constrained their ability to conduct business internationally”

I guess it worked


11 posted on 08/25/2021 10:03:43 AM PDT by nuconvert ( Warning: Accused of being a radical militarist. Approach with caution.)
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To: packagingguy

The Title is misleading.

The article instead of the title makes it sound like China is purchasing licenses, not chips; that is entirely different than purchasing “chips.”


12 posted on 08/25/2021 10:12:16 AM PDT by Bayard
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To: rlmorel

Yes, Sir. We are in for the fight of our lives and the futures of our children and grandchildren.

We should all be throwing sand into the gears however we can. And, whenever we can.

Bring them down.


13 posted on 08/25/2021 10:20:44 AM PDT by katie didit
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To: packagingguy

What other shady deals are they doing?


14 posted on 08/25/2021 10:21:44 AM PDT by LoveMyFreedom
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To: packagingguy

Apologies to the Doobie Brothers...

When Hunter wakes up in a strange town
Crack pipe high comin’ down
And the Deep State’s risin’ for another day
Griftin’ without no bones

The Big Guy’s gonna get his ten
It’s just a matter of when
Well you talkin’ about China Joe
(Talkin’ about China Joe)
Whoa, oh (whoa, oh) China Joe


15 posted on 08/25/2021 10:22:05 AM PDT by HombreSecreto (The life of a repo man is always intense)
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To: packagingguy

Sounds like Joe played tough and held out for more than 10% this time.


16 posted on 08/25/2021 10:24:13 AM PDT by shotgun
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To: Basket_of_Deplorables

“The entire fedgov, including 90% of congress, needs flushing.”

The Roman Empire collapsed in large part because it became subordinate to a bloated bureaucracy whose interests were antipodal to those of the Roman citizenry. The Roman bureaucracy turned into a voracious monster that sought to justify its own existence.

Sound familiar?


17 posted on 08/25/2021 11:22:39 AM PDT by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
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To: rlmorel

Yes. On a side note, it’s been an open secret
for YEARS in DC that Lindsey Graham is gay. Most DC reporters know it, many the Senate know it.

But until he fesses up, he is subject to blackmail.


18 posted on 08/25/2021 12:27:30 PM PDT by Basket_of_Deplorables (Convention Of States is our only hope now! Desantis 2024!!!)
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To: packagingguy

In unrelated news, Canada has hinted that Huawei CFO will be set free because the United States won’t provide any evidence to justify the extradition.


19 posted on 08/25/2021 12:42:37 PM PDT by Tai_Chung
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To: mewzilla

BTTT.


20 posted on 08/25/2021 1:03:59 PM PDT by mewzilla (Those aren't masks. They're muzzles. )
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