Huawei to Face Crippling Restrictions on Its Foreign Supply Chain as the Trump Administration Gears up to Escalate the Ongoing Feud

Huawei to Face Crippling Restrictions on Its Foreign Supply Chain as the Trump Administration Gears up to Escalate the Ongoing Feud

4 years ago
Anonymous $9CO2RSACsf

https://wccftech.com/huawei-to-face-crippling-restrictions-on-its-foreign-supply-chain-as-the-trump-administration-gears-up-to-escalate-the-ongoing-feud/

Huawei Technologies, the jewel in Beijing’s tech arsenal, is about to face another salvo from the United States. According to the exclusive reporting by Reuters, senior members of the Trump administration cabinet have agreed to curtail the global supply of chips to Huawei, landing a massive blow to the Chinese tech giant.

As per the details, foreign companies that employ chip technologies and components sourced from the U.S. will now be required to seek a license from the Trump administration before supplying semiconductor chips and sensitive components to Huawei. The step, if implemented, would mark a significant escalation by the Trump administration in its ongoing campaign to limit Huawei’s growing global footprint and technological prowess.