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Brunei
Saturday, April 1, 2023
25 C
Brunei
Saturday, April 1, 2023
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    US blocks export licence renewals for Huawei

    BEIJING (AP) – China’s government accused Washington on Tuesday of pursuing “technology hegemony,” as the United States (US) has begun stepping up pressure on tech giant Huawei by blocking access to American suppliers.

    The Biden administration has stopped approving renewal of licences to some US companies that have been selling essential components to the Chinese company, according to two people familiar with the matter.

    Neither was authorised to comment publicly on the sensitive matter and they spoke on the condition of anonymity. The company, which makes network equipment and smartphones, has been on the US Commerce Department’s entity list, which comprises those subject to licensing requirements, since 2019.

    It has been allowed to buy some less advanced components.

    But the new restrictions could cut off Huawei’s access to processor chips and other technology, as large US-based companies such as Intel and Qualcomm are forced to wind down business with it.

    Bloomberg News and the Financial Times first reported the administration move.

    “China is gravely concerned about the reports,” said a Foreign Ministry spokeswoman, Mao Ning.

     

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