Huawei secures $2.3 billion offshore loan as chip spending soars
pstAsiatech · x · 2026-10-23
Huawei has obtained a $2.3 billion seven-year offshore yuan-denominated loan from six Chinese lenders including Bank of China, China Construction Bank, and ICBC, as the company's chip-related spending continues to surge amid its push on AI compute and semiconductors.
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