By David Shepardson
WASHINGTON (Reuters) – The Trump administration on Monday announced it will further tighten restrictions on Huawei Technologies Co [HWT.UL], aimed at cracking down on its access to commercially available chips.
The U.S. Commerce Department actions expand restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special license – including chips made by foreign firms that have been developed or produced with U.S. software or technology.
The administration also added 38 Huawei affiliates in 21 countries to the U.S. government’s economic blacklist, the sources said, raising the total to 152 affiliates since Huawei was first added in May 2019.
Commerce Secretary Wilbur Ross told Fox Business the restrictions on Huawei-designed chips imposed in May “led them to do some evasive measures. They were going through …
Read More on Datafloq
Credit: Source link