The US government is planning to issue licenses to US companies that want to sell technology and products to Chinese giant Huawei, the New York Times reported today.
The United States sanctioned the world’s largest manufacturer of telecommunications equipment earlier this year by banning Huawei from doing business with US companies.
Huawei was accused of espionage on behalf of the Chinese Communist regime and considered a threat to national security by Washington. The Chinese firm has consistently denied the accuses.
President Trump’s administration granted Huawei a temporary license in May which was renewed for another 90 days on August 19. But the government received over 100 applications in August for licenses, though none were authorized. New York Time says Trump has given the green light to these licenses.
Huawei is the world’s largest manufacturer of telecommunications equipment and one of the leading players in 5G. The company’s expansion is also seen as China’s ambition to become a dominant player in 5G. From it, the Chinese company has tried to distance itself from American technology. It currently manufactures its chips for smartphones and even released the operating system called Harmony OS.
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