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US suspends export licenses to China’s Huawei – FT |

30 january (Reuters) – Biden administration USA has stopped licensing its companies to export to Chinese telecommunications equipment firm Huawei, the Financial Times reported on Monday, citing people familiar with the matter. news gave.

The report states that USA the commerce department has warned some companies that it will no longer issue licenses.

This potentially means moving towards a complete ban on the sale of American technology to Huawei.

The commerce department, Huawei and chip equipment maker Applied Materials ( AMAT.O ) did not immediately respond to a Reuters request for comment.

United States in October of China military imposed new restrictions on China, including controls on the production of advanced computing integrated circuits and some semiconductors, to prevent its modernization.

Trump administration in 2019 national has imposed a trade ban on Huawei, citing security concerns, and it has banned Alphabet Inc’s ( GOOGL.O ) Android for the company’s new smartphones, including USA originhand banned the use of other critical technologies.

“US restrictions are now our new normal,” Huawei CEO Eric Xu said in December.

Reporting by Chavi Mehta in Bengaluru; Edited by Shailesh Kuber

Our standards: Thomson Reuters Trust Principles.

2023-01-31 01:36:47
Source – reuters

Translation“24 HOURS”



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