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| The United States stops issuing export licenses to Huawei |
Reuters reported on Tuesday that the Biden administration will no longer agree to license US companies to export products to Huawei.
The Chinese telecoms equipment giant has faced restrictions on US exports of components used in developing 5G networks and other technologies for years, but Commerce Department officials are allowing some US companies to sell certain goods and technologies to companies. In 2020, Qualcomm received approval to sell fourth-generation (4G) chipsets to Huawei.
Reuters quoted people familiar with the matter as saying that US officials are developing a new official policy to refuse to export items to Huawei, which will include elements of the fifth generation network, including: elements of the fourth generation network, Wi-Fi 6. Network, artificial intelligence, and high computing Performance, cloud computing components.
Citing another source, the agency said the move was expected after the Biden administration tightened its policy on Huawei last year. The source said that the 4G chipset license cannot be used on the 5G network and may have been officially approved earlier but now rejected.
In 2019, US officials blacklisted Huawei and banned US companies from exporting goods and technology to the company unless it obtained a license. The authorities tightened controls further, denying Huawei the ability to buy or develop the semiconductor chips that power most of its products.
But US officials issued licenses that allowed Huawei to acquire some products. For example, Huawei suppliers obtained licenses worth $61 billion to sell to the Chinese company between April 2021 and November 2021.
In December, Huawei said its total revenue would be about $91.53 billion in 2022, down slightly from 2021 when US sanctions cut revenue by about a third.