08:52 AM EDT, 03/20/2024 (MT Newswires) -- The White House is considering sanctions on Chinese semiconductor companies linked to telecom giant Huawei Technologies, which made significant technological advances last year despite existing sanctions, Bloomberg News reported, citing people familiar with the matter.

Most of the Chinese companies that could be targeted were previously identified as linked to Huawei by the Semiconductor Industry Association, a lobbying group, Bloomberg reported. The companies include Qingdao Si'En, SwaySure, and Shenzhen Pensun Technology, Bloomberg reported, citing unnamed sources.

The sources told Bloomberg no decision had yet been made.

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