Kioxia, a Japanese chipmaker, is licensed by the United States to export some products to China

category:Finance
 Kioxia, a Japanese chipmaker, is licensed by the United States to export some products to China


Kioxia, once the storage arm of Toshiba, was spun off and sold to a consortium led by Bain Capital in 2018, and then prepared to go public on its own. However, kioxias IPO plan this year was delayed by a ban from the U.S. Department of Commerce.

Japanese media commented that although the latest license has not yet restored all business contacts between kioxia and Huawei, it still brings light to the future listing of kioxia.

The company said that its licenses mainly include 4G chips related to mobile devices.

According to reports, in Japan, Sony has been allowed to provide image sensors to China. Currently, Huawei is one of the largest customers of Sonys smart phone image sensor. If it cannot continue to supply China, Sonys profits will be at risk.

Analysts believe that these supply permits are a good signal that the chip ban against Huawei is unfolding in good expectation.

Previously, foreign media reported that some people attending the US briefing said that as long as they did not use the chips in Huaweis 5g business, the United States would allow more and more chip companies to provide components to Huawei.