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No requests for licenses to sell to the Chinese telecom have been issued to date, Reuters reports.
More than 130 applications have been submitted to the Commerce Department for licenses to sell US goods to Huawei, Reuters reported Tuesday. The report comes nearly two months after the Trump Administration said some sales to the embattled Chinese telecom would be allowed.
President Donald Trump effectively banned US companies from doing business with Huawei in May out of national security concerns that the company is too closely tied to the Chinese government. Huawei has repeatedly said those fears are unfounded.
Commerce Secretary Wilbur Ross confirmed the process in July, but the Trump Administration has yet to issue any licenses, Reuters reported, citing people familiar with the matter. The number of applications exceeds the 50 or so Ross said the department had received in July.
(Score: 0) by Anonymous Coward on Thursday August 29 2019, @03:44PM
Overoptimizing profits is the fundamental cause of loss of technology in United States. In computer technology, it all started with intentional destruction of Sperry Univac, and proliferation of cheaper, but technologically inferior IBM, when the MIC owners invented the concept of making more profits by selling cheap weaponry to state for high quality prices. The real quality of weaponry did not matter to them because they expected to never go to a war with a real opponent, only against some socially engineered factions which are no military threat, so poor weapons are good enough. The same happened again and again, to U.S.Robotics, DEC, SUN, now it is Boeing... I observe this is a cultural result of imperial superiority. It is a relief the strategists on other part of the globe thinks otherwise, finally.