Day-after-day Tech Roundup: Huawei Suffers Yet one more Setback in U.S., Saudi AI Fund Desperate to Divest China for Washington

Qualcomm and Intel had their licenses revoked for exports to Huawei, affecting the sale of chips utilized in Huawei telephones and laptops, Reuters claimed. {Photograph}: VCG

Welcome to the Day-to-day Tech Roundup — a briefing of the perfect engineering information incomes headlines in China and the remainder of Asia.

China opposes U.S. option to revoke way more export licenses to Huawei

China’s Ministry of Commerce is firmly opposed to the U.S.’ choice to further tighten semiconductor export constraints in opposition to Huawei Techniques Co. Ltd., calling the switch “financial coercion.”