US President Donald Trump, who is set to hand over his Seat of the White House in the coming days, has signed another resolution that will put Chinese tech giant Huawei in a difficult position. The Washington administration has banned the Shenzhen-based firm from supplying products from many companies in the UNITED States, including Intel.
Huawei license of U.S. companies revoked
U.S. President Trump, who has been in a wide-ranging trade war against China since taking office in 2016, argues that Huawei, the world’s largest manufacturer of telecommunications equipment, is an existential threat to U.S. national security and foreign policy interests.
Trump, who blacklisted the Shenzhen-based company in May 2019 and prevented it from trading with American companies, made another very critical move that would narrow Huawei’s field of action just days before the mandate was set to close.
According to Reuters, the Washington government has not been noting huawei’s suppliers in the United States, including chipmaker Intel, that licenses providing sales to the Chinese company have been revoked. Eight licenses were withdrawn from the four companies, Reuters said, including Japanese flash memory chip maker Kioxia Corp, formerly known as Toshiba Memory Corp.
Huawei, which is at the heart of the US and China’s battle for global technological dominance, had recently applied for a $280 billion license to several companies, including Intel. The vast majority of the 150 applications — due to national security concerns — were rejected, the report said.