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Monday, 4 November 2019

US official: Licenses for companies wanting to trade with Huawei "coming soon"

Ever since May, when the US Commerce Department added Huawei to its Entity List, we've been hearing of possible workarounds to the issue. The blacklisting essentially denied US companies from trading hardware and software with Huawei and resulted in great losses for both sides. In July, the US Commerce Department announced its plans to begin issuing special licenses to local tech companies wishing to keep their business ties with Huawei. These licenses would only cover widely available components that do not pose a threat for national security and it became clear that there was strong...

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Author: via Bestsoftpro

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