by Babu Mohan on (#5CZQ1)
This is likely the last action by the U.S. against Huawei under Donald Trump.What you need to knowThe Trump administration has halted shipments to Huawei by several American semiconductor companies, including Intel.The U.S. Commerce Department plans to reject dozens of applications to supply to Huawei. More than $280 billion of license applications are yet to be processed.Since it added Huawei to the "entity list" in May 2019, the Trump administration has continued to target the Chinese company and its affiliates. Just days before Democrat Joe Biden assumes office, the Trump administration has halted American semiconductor companies from supplying components to Huawei.As per a report from Reuters, the Trump administration has sent out notices to a number of Huawei suppliers, including Intel, that it is revoking their licenses to supply components to the Chinese company. People familiar with the matter have told the publication that the Commerce Department intends to rejec...