Huawei given another 45 days to do business with US companies2020-03-12 19:21 by DanielaTags: Huawei
Trump administration has decided to extend the license to May 15th, which would be almost exactly one year to the day that Huawei was placed on the entity list. At the same time, the Commerce Department seeks comments from the public on matters such as whether it should continue to issue the extensions, what the impact would be to companies if the temporary general license is not renewed, and what costs U.S. firms might face if the Commerce Department stops issuing these extensions. This is technically the fourth extension to the temporary license that the US government has granted. After initially banning US companies from doing business with Huawei back in May over concerns that the Chinese government could use the company to spy on Americans, the Commerce Department was quick to issue a temporary three-month license to allow Huawei to continue to support its phones and networking equipment. It then extended this license for another 90 days last August, November, and then for an additional 45 days in February of this year. The United States accuses Huawei of collaborating with the Chinese military and intelligence and using its equipment for illegal surveillance purposes, something that the company refutes as unjustified, politically motivated and anti-competitive practices. Read more -here-
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