In the last days of his administration, U.S. President Donald Trump took what may be his parting shot at China's Huawei.
The action is expected to be the last of the current administration, which has sought to limit to the ascendancy of Chinese technology firms, accusing them of being agents of the Chinese government and national security risks.
The Trump administration has revoked at least one of Intel's licences to sell components to Huawei, Reuters has reported, citing unnamed sources said to be familiar with the matter.
Joe Biden will be taking the oath as the next US President this coming Wednesday and we hope that by then, this silly drama can be put to an end.
Reportedly up to eight licenses were revoked from four companies, including the sale of flash storage, with up to $280 billion in trade with Huawei now tied up in restrictions.
A spokesperson for the semiconductor group did not immediately respond to a request for comment.
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Huawei has been in Washington's crosshairs for years, saying the company's equipment could be used for state spying.
But some sales were allowed and others denied as the United States tightened restrictions on the company, including expanding the United States' authority to require licenses for sales of semiconductors made in the United States. alien with American technology.
Another US$280 billion of licences for goods and technology for Huawei still have not been dealt with, the source said, but now face a higher likelihood of denial.
An August rule said that products with 5G capabilities were likely to be denied, but sales of less sophisticated technology would be decided on a case-by-case basis. The officials developed detailed guidance with regard to which technologies were capable of 5G, and then applied that standard, the person added.
In doing so, officials denied the vast majority of the roughly 150 contested applications and revoked all eight licenses to make them compatible with the new denials, the source said.
Trump has targeted Huawei in other ways. Meng, the daughter of Huawei's founder, and the company itself were indicted for misleading banks about its business in Iran. Huawei has denied the espionage allegations and has pleaded not guilty to the indictment, which also includes charges of violating USA sanctions against Iran and conspiring to steal trade secrets from U.S. tech companies.
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