US revokes some export licenses for firms supplying Chinaâs Huawei, ET Telecom
The article discusses the US governmentâs decision to revoke certain export licenses permitting the shipment of goods, like chips, to Huawei Technologies, a Chinese telecommunications giant. This action follows the release of Huaweiâs MateBook X Pro, its first AI-enabled laptop featuring Intelâs new Core Ultra 9 processor. Republican lawmakers criticized the Commerce Department for allegedly permitting Intel to sell chips to Huawei. The revocation affects Huaweiâs revenue and US suppliers, indicating a stricter stance on national security concerns. The Commerce Department emphasized the dynamic nature of threat environments and technology, without specifying the revoked licenses. Intel and Qualcomm, Huaweiâs chip suppliers, refrained from commenting. The move stems from Huaweiâs placement on a US trade restriction list in 2019 due to espionage fears. Although suppliers received licenses to continue business, new approvals for Huawei have been limited. Despite restrictions, Huaweiâs recovery, fueled by new ventures like smart car components, signals resilience amidst challenges.
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