US restricts Intel and Qualcomm's licenses to sell ships to Huawei
This move deals another blow to Huawei, a company already reeling from previous US trade restrictions.
Huawei is again facing escalating trade tensions from the US government as it slams the brakes on some of its chip supplies to the Chinese tech giant.
According to recent reports, the US Department of Commerce has revoked export licenses that allowed some US chip companies to export certain goods to the Chinese tech giant.
Although the regulatory body did not specify which permits were cancelled, US chip giants Intel and Qualcomm said they had been informed that some export licenses had been revoked.
Emmanuel Oyedeji
This move comes hot on the heels of criticism from US lawmakers who weren't thrilled with Huawei's recent comeback, including the launch of their new MateBook X Pro laptop.
This move deals another blow to Huawei, a company already reeling from previous US trade restrictions. The US had previously implemented an "entity list" in 2019 under the Trump administration, requiring US companies to obtain government licenses for technology exports to Huawei, particularly those with potential military applications. However, companies like Intel and Qualcomm were granted some exemptions.
Despite these challenges, Huawei has shown signs of recovery, with the launch of the Mate 60 Pro smartphone last August and its AI-capable MateBook X Pro laptop launch in April marking a recent high point.
This latest development adds to a growing list of restrictions placed on Chinese tech firms by the US in recent years, reflecting the increasingly strained relationship between the two economic titans. Further stoking the flames is the recent law signed by President Biden, potentially banning TikTok unless it severs ties with its Chinese parent company. TikTok has challenged this legislation through a lawsuit.
Emmanuel Oyedeji
