Report: Despite Chip Shortage, Biden Administration Approves Sales to Huawei
U.S. officials have approved licenses for China’s Huawei to purchase hundred of millions of dollars of chips for its auto component business, a report from Reuters said Wednesday.
The report cites two unnamed sources.
From Reuters:
Huawei, the world’s largest telecommunications equipment maker, has been hobbled by trade restrictions imposed by the Trump administration on the sale of chips and other components used in its network gear and smartphones businesses. The Biden administration has been reinforcing the hard line on exports to Huawei, denying licenses to sell chips to Huawei for use in or with 5g devices.
But in recent weeks and months, people familiar with the application process told Reuters the U.S. has granted licenses authorizing suppliers to sell chips to Huawei for such vehicle components as video screens and sensors. The approvals come as Huawei pivots its business toward items that are less susceptible to U.S. trade bans.
Not everyone is a fan. Republican Senator Tom Cotton, who has been deeply critical of Huawei in the past, said in a statement, “It’s unacceptable for the Biden administration to ease the pressure campaign against Chinese spy companies like Huawei.”
Critics of the Biden administration’s kowtow to China on the Huawei chips say it will weaken efforts to get allies across the globe to ban Huawei products from critical information infrastructure.
https://www.breitbart.com/economy/2021/08/25/report-despite-chip-shortage-biden-administration-approves-sales-to-huawei/