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Brokerages cut MediaTek target prices on tighter Huawei sanctions

Taipei, Aug. 22 (CNA) Two foreign brokerages have lowered their target prices on shares of Taiwan-based integrated circuit designer MediaTek Inc., citing Washington’s decision to tighten sanctions against Chinese telecom equipment giant Huawei Technologies Inc., one of the major clients of the Taiwanese chip supplier.

Brokerages cut MediaTek target prices on tighter Huawei sanctions  Focus Taiwan News ChannelTrump’s chip war not the end for Huawei  CGTNHas Trump Suddenly…

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