US moving ahead with new restrictions on Chinese telecom maker Huawei
The Wall Street Journal report that the US move aims to cut Huawei off from one of its main suppliers of advanced semiconductors.
The Journal citing "people familiar with the situation" for the info:
- At a meeting on Wednesday of top cabinet officials
- Specifically, the rule would require an export license for many chips shipped to Huawei that are produced by U.S.-designed chip-making tools.
- That would give the Commerce Department the ability to block the sale of semiconductors manufactured by Taiwan Semiconductor Manufacturing Co., for Huawei's HiSilicon unit, which designs chips for the company.
- The restrictions would also disadvantage U.S. companies
Earlier I posted on: