Huawei is said to win another 90 days reprieve to buy from American suppliers

The US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so that it can service existing customers, two sources familiar with the situation said.The “temporary general license” will be extended for Huawei for 90 days, the sources said.Commerce initially allowed Huawei to purchase some American-made goods in May soon after blacklisting the company in a move aimed at minimising disruption for its…

Source link

Related posts