US stops granting export licenses for China’s Huawei

The Biden administration has stopped approving licenses for US companies to export most items to China’s Huawei, according to three people familiar with the matter.

Huawei has faced US export restrictions around items for 5G and other technologies for several years, but officials in the US Department of Commerce have granted licenses for some American firms to sell certain goods and technologies to the company. Qualcomm Inc in 2020 received permission to sell 4G smartphone chips to Huawei.

A Commerce Department spokesperson said officials “continually assess our policies and regulations” but do not comment on talks with specific companies. Huawei and Qualcomm declined to comment. Bloomberg and the Financial Times earlier reported the move.

Read more

You may also like

Comments are closed.