Micron restarts chip shipments to Huawei

US-based chip manufacturer Micron has resumed shipments to Huawei. The company determined that a subset of its products could still be shipped to Shenzhen since they are not subject to export administration regulations, Micron Chief Executive Sanjay Mehrotra said in a briefing with investors. He clarified due to the uncertainty of the whole trade situation, volumes or time periods are unable to be predicted. Micron, based just outside the city of Boise, Idaho, suspended shipments to Huawei on May 15 when the US government added Huawei to a list of companies banned from trading...