US revokes some export licences for firms supplying China's Huawei

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WASHINGTON — The US on Tuesday (May 7) said it revoked some licences that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies. Some companies were notified on Tuesday that their licences were revoked effective immediately, according to one person familiar with the matter.

A Chinese flag flutters near a Huawei store in Shanghai, China Sept 8, 2023.WASHINGTON — The US on Tuesday said it revoked some licences that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies.

The laptop launch drew fire from Republican lawmakers, who said it suggested to them that the Commerce Department had given the green light to Intel to sell the chip to Huawei. "This action will bolster US national security, protect American ingenuity, and diminish Communist China's ability to advance its technology," Republican Congresswoman Elise Stefanik said in a statement.

Huawei was placed on a US trade restriction list in 2019 amid fears it could spy on Americans, part of a broader effort to handicap China's ability to bolster its military. Being added to the list means the company's suppliers have to seek a special, difficult-to-obtain licence before shipping.

Source: News Formal (newsformal.com)

 

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