Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

Credit: Reuters Studio
Published on July 15, 2019 - Duration: 01:29s

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official.

Pascale Davies reports.

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Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

The U.S. could approve licenses for companies to re-start sales to Huawei in as little as two weeks time.

That according to a U.S. official.

The world's largest telco equipment maker was added to a U.S. blacklist in May which prohibited U.S. companies from supplying it with new American-made goods.

But on the sidelines of the G20 last month, President Donald Trump announced U.S. firms could restart selling products to Huawei.

It was seen as a sign that trade tensions with China were easing up.

And brought much relief to chipmakers - who have questioned when they could trade with Huawei.

U.S. semiconductor companies have been lobbying for broader relief.

They argue Washington's security goals should not undermine their ability to compete globally.

In recent days, Commerce Secretary Wilbur Ross said licenses would be issued where there is no threat to national security.

Two U.S. chipmakers who supply Huawei told Reuters they would apply for more licenses following the comments.

But the U.S. has reiterated the tech giant is still on the blacklist and relief would be temporary.

It's also unclear which products will be granted licensees.

A Huawei spokesman said the restrictions should be removed altogether The company strongly denies posing any cysbersecurity risk.

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