Raimondo says Huawei’s chip breakthrough is years behind US technology

(Bloomberg) — U.S. Commerce Secretary Gina Raimondo said Huawei Technologies Co.’s latest phone shows that China continues to lag behind in cutting-edge chip technology. In an interview with CBS News’ 60 Minutes, Raimondo downplayed the company’s claims of a breakthrough and said the technology gap showed the Biden administration’s success in imposing export controls on…

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