Losing Huawei as a customer could cost US tech companies $11 billion

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Losing Huawei as a customer could cost US tech companies $11 billion
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Hong Kong New US measures that restrict exports to Huawei could cost Silicon Valley billions in lost revenue.

The world's biggest telecommunications equipment supplier and No. 2 smartphone seller relies on dozens of American tech companies for key components.China's Huawei bought $70 billion worth of components and parts last year from 13,000 suppliers. Of that, about $11 billion was spent on products from dozens of US businesses, including computer chips from Qualcomm and Broadcom , as well as Microsoft software and Google's Android.

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