In the final days of his presidency, Donald Trump revoked the licences of several major Huawei suppliers, including Intel, to sell to the Chinese vendor. And the tensions with China are starting to be very visible in chip providers’ financial results, with Qualcomm reported to have suffered almost 50% year-on-year decline in sales to China last year. Since Huawei was placed on the USA’s Entity List in May 2019, any components maker has to secure a special licence to sell to the Chinese firm. Five days before the inauguration of incoming president Biden, the US Commerce Department issued “intents to deny a significant number of licence requests for exports to Huawei and a revocation of at least one previously issued…