As of Sept. 15, new regulations prevent U.S. companies from delivering or providing services to Huawei
The American company “Intel” received licenses from Washington to continue with the delivery of certain products to the Chinese company “Huawei”, it was announced today from that company.
Relations between the United States and China are at their worst level in decades, and Washington is putting pressure on administrations around the world to avoid cooperating with the Chinese company, claiming that the company will hand over data to Beijing for espionage.
As of Sept. 15, new regulations prevent U.S. companies from delivering or providing services to Huawei.
The Chinese magazine “China Securities” previously wrote that “Intel” received a license for deliveries to “Huawei”.
Last week, the Chinese International Semiconductor Manufacturing Corporation (SMIC) confirmed that it had asked for permission to continue doing business with the Chinese company Huawei.
SMIC uses equipment from the United States to produce chips for Huawei and other companies.
Huawei denies spying for the Chinese authorities and claims that the United States is trying to jeopardize their business because Western companies are lagging behind in the development of “5G” technology.
Analysts say “5G” technology would give China an advantage that Washington cannot allow.
Discover more from MegaloPreneur Magazine
Subscribe to get the latest posts sent to your email.