According to the documents, 113 export licenses worth $61 billion were approved for suppliers to ship products to Huawei while another 188 licenses valued at nearly $42 billion were greenlighted for Semiconductor Manufacturing International Corp The data also showed that more than 9 out of 10 license applications were granted to SMIC suppliers while 69% of requests to ship to Huawei were approved over the same period.
House Republicans on the committee provided the documents to Reuters following the authorization, at Reuters request. The documents are expected to be posted publicly soon. "It's clearly in our national interest to increase transparency and public scrutiny on how our nation transfers its technology to an adversary," McCaul said in a statement.
"It is just another example of President Biden not taking the economic and security threat posed by the Chinese Communist Party seriously," he said.
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