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U.S to Allow Companies to Sell Components to Huawei

U.S to Allow Companies to Sell Components to Huawei

Enterprise & IT Nov 3,2019 0

The U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China’s Huawei Technologies will come “very shortly.”

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Speaking to Bloomberg, Ross said the licenses “will be forthcoming very shortly” and that the U.S. government had received 206 requests.

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“That’s a lot of applications - it’s frankly more than we would’ve thought,” Ross added.

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On U.S.-China trade developments, Ross said there was no reason the deal could not be on track to be signed this month.

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In May was put under a U.S. blacklist citing national security concerns, effectively banning it from buying American-made parts without a special license, while U.S. companies were banned from selling to Huawei without carrying a special license.

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U.S. President Donald Trump promised in June to provide some relief to firms that did business with Huawei

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Tags: Huawei
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