The Huawei logo is seen at its France head office near Paris. Photo: Reuters
China’s Huawei is licensing key technologies in automobiles, smartphones and mobile networks for new sources of income after a crackdown by the United States throttled its core businesses, Nikkei Asia reported.
The struggling tech firm has reached licensing deals with top carmakers, including European giants like Audi, Porsche, Renault and Lamborghini, which would mean that its technologies “will be used in 15 million of the 70 million cars produced globally each year.”
Read the full report: Nikkei Asia
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