Friday, August 27, 2021

US administration defends approving licenses for auto chips for Huawei

The comments came in response to demands from Sen. Marco Rubio that U.S. officials explain why they approved hundreds of millions of dollars worth of auto chip sales to the company, as reported by Reuters this week.

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...