U.S. revokes some export licenses for China's Huawei
The HinduMay 08, 2024 08:49 am | Updated 08:49 am IST - WASHINGTON The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies. The revocations come after a years-long review of the U.S. policy on what U.S. goods and technology could be shipped to Huawei, a flagship Chinese company viewed as a national security threat. Even so, suppliers to Huawei have received licenses worth billions of dollars to sell Huawei goods and technology, including one particularly controversial authorisation, issued by the Trump administration, which has allowed Intel to ship central processors to Huawei for use in its laptops since 2020. Huawei shocked the industry last August with a new phone powered by a sophisticated chip manufactured by Chinese chipmaker SMIC, despite U.S. export restrictions on both companies.