US revokes licences for sales of chips to Huawei

Key Facts

• 30 minutes ago João da Silva,Business reporter The US government says it has revoked some licences that allowed US chip makers to export certain goods to Chinese technology giant Huawei.
• Since 2019, the US has restricted technology exports to Huawei, citing alleged ties to the Chinese military but companies like Intel and Qualcomm were granted some exemptions.
• It means that US companies need to obtain a licence from the government to export or transfer some technologies, especially over concerns that they will be used by the Chinese military.
• However, in that time licences have been granted to some US companies, including Intel and Qualcomm, to supply Huawei with technology that was not related to 5G.

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