Faraday Technology (TPE:3035) denied rumors circulating on social media about its alleged cooperation with China's Huawei.
The company clarified it has not desoldered or shipped high-bandwidth memory (HBM) products to the Chinese tech giant, adding it has no direct or indirect business relationships with Huawei.
Faraday Technology's operations remain in full compliance with relevant laws and business practices, it added.
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